£227,758
This estimated value is based upon the latest sale price for the house of £225,000 on 22 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 22 Jun 2023 |
| £105,000 | 1 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £225,000 results in an estimated price of approximately £227,758.
| 22 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £225,000 | £2,758 | £227,758 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | -14.301 % | £-32,177 | £192,822 |
| 3 Month Average | -2.980 % | £-6,705 | £218,294 |
| 6 Month Average | -1.044 % | £-2,349 | £222,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £227,759 | £225,000 | 8 BARN CLOSE |
| 31 Mar 2023 | £191,807 | £190,000 | 3 VALLEY ROAD |
| 3 Mar 2023 | £113,570 | £112,500 | 6 CLANCEY WAY |
| 29 Sep 2022 | £317,437 | £320,000 | 53 CLANCEY WAY |
| 15 Aug 2022 | £269,275 | £270,000 | 28 CLANCEY WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 12 Feb 2015. Using an estimated price of £227,759 means this house is valued at £2,883 per sq meter (£267 per sq foot).
The average size of a house on BARN CLOSE is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Corngreaves Walk |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Corngreaves Walk |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Deeley Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Clancey Way |