£109,409
This estimated value is based upon the latest sale price for the house of £81,000 on 29 Mar 2016. 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 Eastlake Close
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| Price Paid | Date |
|---|---|
| £81,000 | 29 Mar 2016 |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 £81,000 results in an estimated price of approximately £109,409.
| 29 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £81,000 | £28,409 | £109,409 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 33.730 % | £27,321 | £108,321 |
| 3 Month Average | 38.763 % | £31,398 | £112,398 |
| 6 Month Average | 39.646 % | £32,112 | £113,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £253,757 | £250,000 | 48 TYNDALE CRESCENT |
| 28 Jul 2023 | £260,506 | £257,000 | 70 TYNDALE CRESCENT |
| 16 Jun 2023 | £212,575 | £210,000 | 29 TYNDALE CRESCENT |
| 6 Apr 2023 | £233,514 | £231,000 | 1 FARRIER ROAD |
| 24 Mar 2023 | £240,768 | £238,500 | 16 COLLINGWOOD DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 2 Sep 2014. Using an estimated price of £109,410 means this house is valued at £1,764 per sq meter (£163 per sq foot).
The average size of a house on COLLINGWOOD DRIVE is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastlake Close |
| Feb 2024 | Robbery | Under investigation | On or near Bramley Close |
| Feb 2024 | Robbery | Under investigation | On or near Bramley Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Romney Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Collingwood Drive |