£284,031
This estimated value is based upon the latest sale price for the house of £50,500 on 2 Feb 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,500 | 2 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 February 1995 the House Price Index for WEST MIDLANDS was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.439%.Applying this 462.439% change to the original purchase price of £50,500 results in an estimated price of approximately £284,031.
| 2 Feb 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 462.439 % | £50,500 | £233,531 | £284,031 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 285.548 % | £144,201 | £194,701 |
| 3 Month Average | 368.431 % | £186,057 | £236,557 |
| 6 Month Average | 420.680 % | £212,443 | £262,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 May 2022 | £177,628 | £173,000 | 39 STOCKTON ROAD |
| 31 Mar 2022 | £148,238 | £142,000 | 2 HARTLEPOOL ROAD |
| 8 Dec 2021 | £215,862 | £200,000 | 176 STONEY STANTON ROAD |
| 31 Aug 2021 | £110,140 | £98,000 | 48 HARTLEPOOL ROAD |
| 4 Dec 2020 | £80,935 | £70,000 | 19 HARTLEPOOL ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 Jun 2012. Using an estimated price of £284,032 means this house is valued at £4,116 per sq meter (£382 per sq foot).
The average size of a house on BRETTS CLOSE is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Jade Close | |
| Jul 2024 | Anti-social behaviour | On or near Jade Close | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Jade Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Jade Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Jade Close |