£182,464
This estimated value is based upon the latest sale price for the house of £115,000 on 25 Jun 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 25 Jun 2007 |
| £54,950 | 18 May 2001 |
| £37,000 | 24 Jul 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 519 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 2007 the House Price Index for WEST MIDLANDS was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £115,000 results in an estimated price of approximately £182,464.
| 25 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £115,000 | £67,464 | £182,464 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 48.068 % | £55,277 | £170,277 |
| 3 Month Average | 33.112 % | £38,078 | £153,078 |
| 6 Month Average | 40.896 % | £47,029 | £162,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £261,447 | £258,280 | 239 CASTLE LANE |
| 25 Nov 2022 | £145,241 | £147,000 | 81 REDFERN CLOSE |
| 23 May 2022 | £219,384 | £215,250 | 134 HIGHWOOD AVENUE |
| 16 Jul 2021 | £151,703 | £132,000 | 5 REDFERN CLOSE |
| 18 Jun 2021 | £256,429 | £239,000 | 89 HIGHWOOD AVENUE |
This house has a floor area of 48 sq meters or 519 sq feet when measured on 26 Feb 2010.
The average size of a house on REDFERN CLOSE is 62 sq meters (673 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redfern Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redfern Close |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Redfern Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Redfern Close |
| Mar 2024 | Anti-social behaviour | On or near Redfern Close |