£316,111
This estimated value is based upon the latest sale price for the house of £135,750 on 27 Jun 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,750 | 27 Jun 2003 |
| Detached |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 2003 the House Price Index for WEST MIDLANDS was 63.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 132.863%.Applying this 132.863% change to the original purchase price of £135,750 results in an estimated price of approximately £316,111.
| 27 Jun 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 146.7 | 132.863 % | £135,750 | £180,361 | £316,111 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -14.135 % | £-19,187 | £116,562 |
| 3 Month Average | 74.602 % | £101,272 | £237,022 |
| 6 Month Average | 77.826 % | £105,648 | £241,398 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 Mar 2015.
The average size of a house on HAYES DRIVE is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hayes Drive |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Windfall Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newcome Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newcome Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newcome Close |