£397,419
This estimated value is based upon the latest sale price for the house of £322,500 on 19 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £322,500 | 19 Oct 2018 |
| £314,000 | 16 Feb 2007 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £322,500 results in an estimated price of approximately £397,419.
| 19 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £322,500 | £74,919 | £397,419 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 13.809 % | £44,534 | £367,034 |
| 3 Month Average | 4.049 % | £13,058 | £335,558 |
| 6 Month Average | 31.296 % | £100,929 | £423,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £122,137 | £120,000 | 5 SIMON CLOSE |
| 1 Dec 2023 | £300,253 | £295,000 | 9 CHARLEMONT CRESCENT |
| 11 Aug 2023 | £292,559 | £290,000 | 82 BUSTLEHOLME LANE |
| 4 Apr 2023 | £308,320 | £305,000 | 4 BUSTLEHOLME LANE |
| 17 Mar 2023 | £262,473 | £260,000 | 32 BUSTLEHOLME LANE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 17 May 2018. Using an estimated price of £397,420 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on BUSTLEHOLME LANE is 129 sq meters (1,389 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Simon Close |
| Feb 2024 | Drugs | Under investigation | On or near Simon Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Simon Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Simon Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Simon Close |