£303,678
This estimated value is based upon the latest sale price for the house of £300,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£300,000 | 16 Jun 2023 |
£175,000 | 18 Dec 2015 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 June 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £300,000 results in an estimated price of approximately £303,678.
16 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £300,000 | £3,678 | £303,678 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 16.062 % | £48,185 | £348,185 |
3 Month Average | -11.817 % | £-35,451 | £264,548 |
6 Month Average | 3.223 % | £9,667 | £309,667 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £303,678 | £300,000 | 5 WREKIN CLOSE |
25 Nov 2022 | £286,529 | £290,000 | 2 CHILTERN CLOSE |
12 Sep 2022 | £252,957 | £255,000 | 16 CHILTERN CLOSE |
10 Aug 2022 | £498,658 | £500,000 | 90 PORTSDOWN ROAD |
20 Jul 2022 | £396,066 | £395,000 | 1 COTSWOLD CROFT |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Aug 2020. Using an estimated price of £303,678 means this house is valued at £3,943 per sq meter (£366 per sq foot).
The average size of a house on WREKIN CLOSE is 88 sq meters (953 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Snowdon Grove |
Mar 2024 | Anti-social behaviour | On or near Snowdon Grove | |
Mar 2024 | Vehicle crime | Under investigation | On or near Snowdon Grove |
Mar 2024 | Vehicle crime | Under investigation | On or near Cotswold Croft |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cotswold Croft |