£302,560
This estimated value is based upon the latest sale price for the house of £240,000 on 8 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£240,000 | 8 Nov 2017 |
£170,000 | 29 Feb 2008 |
Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £240,000 results in an estimated price of approximately £302,560.
8 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £240,000 | £62,560 | £302,560 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 14.179 % | £34,029 | £274,029 |
3 Month Average | 19.588 % | £47,011 | £287,011 |
6 Month Average | 18.560 % | £44,543 | £284,543 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £130,939 | £129,000 | 162 POWKE LANE |
6 Sep 2023 | £194,487 | £192,000 | 70 POWKE LANE |
20 Jul 2023 | £273,683 | £270,000 | 53 HIGGS FIELD CRESCENT |
31 Mar 2023 | £100,951 | £100,000 | 26 WATERFALL LANE |
10 Mar 2023 | £129,217 | £128,000 | 50 WATERFALL LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 19 Aug 2014. Using an estimated price of £302,561 means this house is valued at £4,802 per sq meter (£446 per sq foot).
The average size of a house on HIGGS FIELD CRESCENT is 76 sq meters (823 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Yewtree Lane |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Yewtree Lane |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Yewtree Lane |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Yewtree Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Powke Lane |