£31,415
This estimated value is based upon the latest sale price for the house of £31,500 on 1 Aug 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Gregory Close
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| Price Paid | Date |
|---|---|
| £31,500 | 1 Aug 2022 |
| £82,000 | 1 Sep 2006 |
| £57,000 | 25 Jul 2003 |
| £40,000 | 15 Feb 1996 |
| Freehold |
| Floor Area: 43 sq meters or 464 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 August 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £31,500 results in an estimated price of approximately £31,415.
| 1 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £31,500 | £-84 | £31,415 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | -23.928 % | £-7,537 | £23,962 |
| 3 Month Average | -29.846 % | £-9,401 | £22,098 |
| 6 Month Average | 4.558 % | £1,435 | £32,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jan 2023 | £199,062 | £200,000 | 32 LOWER HIGH STREET |
| 25 Jan 2023 | £81,118 | £81,500 | 9 RAILWAY TERRACE |
| 1 Aug 2022 | £31,415 | £31,500 | 7 ADDISON TERRACE |
| 24 Jun 2022 | £238,369 | £235,000 | 17 ADDISON TERRACE |
| 15 Jun 2022 | £262,459 | £258,750 | 30 RIDDING LANE |
This house has a floor area of 43 sq meters or 464 sq feet when measured on 6 Apr 2010. Using an estimated price of £31,415 means this house is valued at £728 per sq meter (£67 per sq foot).
The average size of a house on ADDISON TERRACE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gregory Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gregory Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Addison Terrace |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Addison Terrace |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Addison Street |