£791,484
This estimated value is based upon the latest sale price for the house of £173,000 on 2 Nov 1998. 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 Malcolmson Close
More crime details
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| Price Paid | Date |
|---|---|
| £173,000 | 2 Nov 1998 |
| Detached |
| Leasehold |
| Floor Area: 143 sq meters or 1,539 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 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 357.505%.Applying this 357.505% change to the original purchase price of £173,000 results in an estimated price of approximately £791,484.
| 2 Nov 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 146.7 | 357.505 % | £173,000 | £618,484 | £791,484 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | 150.743 % | £260,785 | £433,785 |
| 3 Month Average | 138.537 % | £239,668 | £412,668 |
| 6 Month Average | 122.609 % | £212,113 | £385,113 |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 14 Aug 2014.
There is one other house on the street which we know the size of, this is 3 CLARE DRIVE it is 166.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Malcolmson Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Chad Road |
| Nov 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Harborne Road |