£273,135
This estimated value is based upon the latest sale price for the house of £180,000 on 17 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 17 Jun 2014 |
| £186,000 | 16 Sep 2011 |
| £149,950 | 1 Nov 2002 |
| £69,950 | 14 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 June 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 51.742%.Applying this 51.742% change to the original purchase price of £180,000 results in an estimated price of approximately £273,135.
| 17 Jun 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 146.7 | 51.742 % | £180,000 | £93,135 | £273,135 |
The Postcode Pricing Model uses changes in average sales price within the B27 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 | 129.823 % | £233,681 | £413,681 |
| 3 Month Average | 88.979 % | £160,161 | £340,161 |
| 6 Month Average | 70.259 % | £126,466 | £306,466 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 8 Jul 2013.
The average size of a house on MERSTOWE CLOSE is 126 sq meters (1,361 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merstowe Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Merstowe Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merstowe Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Merstowe Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Merstowe Close |