£446,712
This estimated value is based upon the latest sale price for the house of £362,500 on 5 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 |
|---|---|
| £362,500 | 5 Oct 2018 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 £362,500 results in an estimated price of approximately £446,712.
| 5 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £362,500 | £84,212 | £446,712 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | -3.485 % | £-12,632 | £349,867 |
| 3 Month Average | 30.699 % | £111,284 | £473,784 |
| 6 Month Average | 25.867 % | £93,766 | £456,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2023 | £504,755 | £500,000 | 6 FOLDYARD CLOSE |
| 31 Aug 2022 | £598,389 | £600,000 | 2 FOLDYARD CLOSE |
| 31 May 2022 | £419,912 | £412,000 | 8 FOLDYARD CLOSE |
| 19 Apr 2022 | £162,708 | £158,000 | 25 LANE CROFT |
| 25 Mar 2022 | £466,318 | £450,000 | 14 HIDCOTE AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 18 Jun 2018. Using an estimated price of £446,712 means this house is valued at £4,337 per sq meter (£402 per sq foot).
The average size of a house on HIDCOTE AVENUE is 130 sq meters (1,401 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lane Croft |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Trewman Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pytman Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Juniper Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Juniper Drive |