£523,951
This estimated value is based upon the latest sale price for the house of £339,995 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £339,995 | 28 Sep 2007 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 September 2007 the House Price Index for WEST MIDLANDS was 95.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.106%.Applying this 54.106% change to the original purchase price of £339,995 results in an estimated price of approximately £523,951.
| 28 Sep 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 146.7 | 54.106 % | £339,995 | £183,956 | £523,951 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | 26.069 % | £88,634 | £428,629 |
| 3 Month Average | -5.163 % | £-17,553 | £322,441 |
| 6 Month Average | 18.660 % | £63,442 | £403,437 |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 3 Feb 2020.
The average size of a house on PLACID CLOSE is 125 sq meters (1,354 sq feet).
This house is the largest in the street with a floor area of 154 sq meters (1,657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Placid Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mohawk Bend |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Mohawk Bend |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mohawk Bend |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Mohawk Bend |