£175,595
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£130,000 | 30 Mar 2016 |
£120,000 | 5 May 2006 |
£99,000 | 29 Mar 2004 |
£79,750 | 25 Jul 2002 |
£51,000 | 23 Jan 1998 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £130,000 results in an estimated price of approximately £175,595.
30 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £130,000 | £45,595 | £175,595 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -33.398 % | £-43,417 | £86,582 |
3 Month Average | 24.651 % | £32,046 | £162,046 |
6 Month Average | 31.593 % | £41,071 | £171,071 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Aug 2022 | £254,315 | £255,000 | 5 SURREY DRIVE |
21 Jul 2022 | £170,459 | £170,000 | 8 SURREY DRIVE |
10 Jun 2022 | £367,189 | £362,000 | 5 SOUTHERN CLOSE |
6 May 2022 | £184,476 | £181,000 | 31 SURREY DRIVE |
11 Mar 2022 | £253,884 | £245,000 | 113 SURREY DRIVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 7 Nov 2019. Using an estimated price of £175,596 means this house is valued at £3,192 per sq meter (£296 per sq foot).
The average size of a house on SURREY DRIVE is 62 sq meters (669 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southern Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Guardians Walk |
Mar 2024 | Vehicle crime | Under investigation | On or near Guardians Walk |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Guardians Walk |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Guardians Walk |