£260,041
This estimated value is based upon the latest sale price for the house of £256,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £256,000 | 29 Sep 2023 |
| £142,000 | 27 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 812 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 September 2023 the House Price Index for WEST MIDLANDS was 145.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.579%.Applying this 1.579% change to the original purchase price of £256,000 results in an estimated price of approximately £260,041.
| 29 Sep 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.7 | 148.0 | 1.579 % | £256,000 | £4,041 | £260,041 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 31.060 % | £79,514 | £335,514 |
| 3 Month Average | -9.869 % | £-25,265 | £230,734 |
| 6 Month Average | 4.133 % | £10,579 | £266,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £248,823 | £250,000 | 2A LYE CLOSE LANE |
| 30 Mar 2022 | £278,661 | £270,000 | 23 STANMORE GROVE |
| 11 Mar 2022 | £288,982 | £280,000 | 51 STANMORE GROVE |
| 14 Oct 2021 | £247,952 | £225,000 | 5 WOODGATE LANE |
| 8 Oct 2021 | £297,543 | £270,000 | 1 LOWFIELD CLOSE |
This house has a floor area of 75 sq meters or 812 sq feet when measured on 13 Oct 2011.
The average size of a house on LOWFIELD CLOSE is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gleads Croft |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gleads Croft |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gleads Croft |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Robbery | Under investigation | On or near Petrol Station |