£548,952
This estimated value is based upon the latest sale price for the house of £322,500 on 27 Jul 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £322,500 | 27 Jul 2012 |
| £318,000 | 4 Oct 2006 |
| £210,000 | 6 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 July 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £322,500 results in an estimated price of approximately £548,952.
| 27 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £322,500 | £226,452 | £548,952 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 8.984 % | £28,973 | £351,473 |
| 3 Month Average | -4.997 % | £-16,116 | £306,383 |
| 6 Month Average | 26.444 % | £85,281 | £407,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £311,695 | £307,500 | 10 LANGFORD CROFT |
| 2 Jun 2023 | £635,700 | £628,000 | 14 WOODPERRY AVENUE |
| 4 Apr 2023 | £283,048 | £280,000 | 40 CHARTERHOUSE DRIVE |
| 16 Jan 2023 | £293,617 | £295,000 | 28 CHELTHORN WAY |
| 21 Jan 2022 | £310,460 | £295,000 | 64 CHARTERHOUSE DRIVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 18 Feb 2015. Using an estimated price of £548,953 means this house is valued at £4,990 per sq meter (£463 per sq foot).
The average size of a house on MAYFIELD CLOSE is 97 sq meters (1,049 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelthorn Way |
| Jan 2024 | Anti-social behaviour | On or near Walton Croft | |
| Jan 2024 | Anti-social behaviour | On or near Walton Croft | |
| Jan 2024 | Anti-social behaviour | On or near Walton Croft | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilford Grove |