£748,864
This estimated value is based upon the latest sale price for the house of £620,000 on 3 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £620,000 | 3 Feb 2020 |
| £419,995 | 31 May 2002 |
| Detached |
| Freehold |
| Floor Area: 179 sq meters or 1,926 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.785%.Applying this 20.785% change to the original purchase price of £620,000 results in an estimated price of approximately £748,864.
| 3 Feb 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.785 % | £620,000 | £128,864 | £748,864 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 0.804 % | £4,985 | £624,985 |
| 3 Month Average | 7.904 % | £49,001 | £669,001 |
| 6 Month Average | 6.118 % | £37,933 | £657,933 |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 9 Dec 2021.
The average size of a house on ROUNTON CLOSE is 263 sq meters (2,837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mellor Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Waters Drive |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Walsall Road |
| Jan 2024 | Anti-social behaviour | On or near Walsall Road | |
| Jan 2024 | Anti-social behaviour | On or near Walsall Road |