£394,339
This estimated value is based upon the latest sale price for the house of £320,000 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £320,000 | 12 Oct 2018 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £320,000 results in an estimated price of approximately £394,339.
| 12 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £320,000 | £74,339 | £394,339 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -35.177 % | £-112,566 | £207,433 |
| 3 Month Average | 15.741 % | £50,369 | £370,369 |
| 6 Month Average | 25.183 % | £80,584 | £400,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £203,562 | £200,000 | 8 MAYGROVE ROAD |
| 27 Nov 2023 | £279,133 | £275,000 | 6 FRAYNE AVENUE |
| 21 Aug 2023 | £332,912 | £330,000 | 4 FRAYNE AVENUE |
| 24 Mar 2023 | £257,425 | £255,000 | 100 BUCKINGHAM GROVE |
| 21 Mar 2023 | £258,435 | £256,000 | 55 BUCKINGHAM GROVE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 26 Jul 2018. Using an estimated price of £394,339 means this house is valued at £3,033 per sq meter (£281 per sq foot).
The average size of a house on BERKELEY DRIVE is 121 sq meters (1,312 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Buckingham Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Whitehall Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Brinley Way |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Grantley Crescent |