£997,272
This estimated value is based upon the latest sale price for the house of £775,000 on 25 May 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Woodlea Drive
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| Price Paid | Date |
|---|---|
| £775,000 | 25 May 2017 |
| £149,950 | 30 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 189 sq meters or 2,034 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in May 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £775,000 results in an estimated price of approximately £997,272.
| 25 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £775,000 | £222,272 | £997,272 |
The Postcode Pricing Model uses changes in average sales price within the B91 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 0.852 % | £6,603 | £781,603 |
| 3 Month Average | -28.755 % | £-222,849 | £552,150 |
| 6 Month Average | -10.079 % | £-78,111 | £696,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £692,456 | £685,000 | 20 BROWNS COPPICE AVENUE |
| 14 Feb 2023 | £817,450 | £818,000 | 10 BROWNS COPPICE AVENUE |
| 26 Oct 2022 | £613,395 | £620,000 | 66 WOODLEA DRIVE |
| 11 Feb 2022 | £686,895 | £655,000 | 3 WOODLEA DRIVE |
| 16 Dec 2021 | £658,897 | £615,000 | 78 WOODLEA DRIVE |
This house has a floor area of 189 sq meters or 2,034 sq feet when measured on 16 Feb 2017. Using an estimated price of £997,272 means this house is valued at £5,276 per sq meter (£490 per sq foot).
The average size of a house on WOODLEA DRIVE is 172 sq meters (1,854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Woodlea Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ryefield Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Brown'S Coppice Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Brown'S Coppice Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Brown'S Coppice Avenue |