£98,115
This estimated value is based upon the latest sale price for the house of £80,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 22 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £80,000 results in an estimated price of approximately £98,115.
| 22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £80,000 | £18,115 | £98,115 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 55.331 % | £44,265 | £124,265 |
| 3 Month Average | -5.029 % | £-4,022 | £75,977 |
| 6 Month Average | 24.556 % | £19,645 | £99,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £97,443 | £96,000 | 316 - 318 PRESTWOOD ROAD |
| 15 Sep 2023 | £141,813 | £140,000 | 21 BRAMERTON CLOSE |
| 29 Jun 2023 | £192,836 | £190,500 | 42 WIMBORNE ROAD |
| 4 Apr 2023 | £171,850 | £170,000 | 2A WICKHAM GARDENS |
| 24 Jan 2023 | £174,180 | £175,000 | 357 PRESTWOOD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 1 Sep 2016. Using an estimated price of £98,116 means this house is valued at £1,114 per sq meter (£103 per sq foot).
The average size of a house on BRAMERTON CLOSE is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bramerton Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wickham Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elder Grove |
| Mar 2024 | Burglary | Under investigation | On or near Wimborne Road |
| Mar 2024 | Drugs | Under investigation | On or near Wimborne Road |