£418,314
This estimated value is based upon the latest sale price for the house of £232,500 on 12 Oct 2005. 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 Hobhouse Close
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £232,500 | 12 Oct 2005 |
| £109,950 | 16 Jul 1999 |
| Detached |
| Freehold |
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 October 2005 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.920%.Applying this 79.920% change to the original purchase price of £232,500 results in an estimated price of approximately £418,314.
| 12 Oct 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 146.7 | 79.920 % | £232,500 | £185,814 | £418,314 |
The Postcode Pricing Model uses changes in average sales price within the B42 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 | 97.480 % | £226,641 | £459,141 |
| 3 Month Average | 67.101 % | £156,009 | £388,509 |
| 6 Month Average | 55.556 % | £129,167 | £361,667 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Hobhouse Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Hobhouse Close |
| Feb 2024 | Anti-social behaviour | On or near Spouthouse Lane | |
| Feb 2024 | Anti-social behaviour | On or near Spouthouse Lane | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Spouthouse Lane |