£230,631
This estimated value is based upon the latest sale price for the house of £188,000 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £188,000 | 19 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £188,000 results in an estimated price of approximately £230,631.
| 19 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £188,000 | £42,631 | £230,631 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | -8.357 % | £-15,710 | £172,289 |
| 3 Month Average | 19.607 % | £36,860 | £224,860 |
| 6 Month Average | 46.567 % | £87,545 | £275,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £167,137 | £165,000 | 28 MARMION GROVE |
| 18 Apr 2023 | £60,653 | £60,000 | 12 MARMION GROVE |
| 31 Mar 2023 | £237,235 | £235,000 | 15 SCOTTS GREEN CLOSE |
| 17 Feb 2023 | £209,859 | £210,000 | 66 SPRING PARKLANDS |
| 15 Jul 2022 | £192,518 | £192,000 | 199 ASHENHURST ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 May 2019. Using an estimated price of £230,632 means this house is valued at £2,506 per sq meter (£232 per sq foot).
The average size of a house on SCOTTS GREEN CLOSE is 108 sq meters (1,170 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Montrose Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Montrose Drive |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Montrose Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Montrose Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Montrose Drive |