£259,002
This estimated value is based upon the latest sale price for the house of £197,500 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £197,500 | 30 Sep 2016 |
| £235,000 | 1 Feb 2008 |
| £232,500 | 24 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.141%.Applying this 31.141% change to the original purchase price of £197,500 results in an estimated price of approximately £259,002.
| 30 Sep 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 146.7 | 31.141 % | £197,500 | £61,502 | £259,002 |
The Postcode Pricing Model uses changes in average sales price within the B21 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 | 61.953 % | £122,356 | £319,856 |
| 3 Month Average | 29.069 % | £57,412 | £254,912 |
| 6 Month Average | 58.738 % | £116,006 | £313,506 |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 10 Jun 2013.
The average size of a house on SCHOLARS CLOSE is 140 sq meters (1,512 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Scholars Close |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Scholars Close |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Jan 2024 | Drugs | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Further/Higher Educational Building |