£359,597
This estimated value is based upon the latest sale price for the house of £355,000 on 27 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£355,000 | 27 Sep 2023 |
£220,000 | 6 May 2014 |
£215,000 | 14 Jul 2004 |
£92,995 | 22 Aug 1997 |
Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 September 2023 the House Price Index for WEST MIDLANDS was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £355,000 results in an estimated price of approximately £359,597.
27 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 148.6 | 1.295 % | £355,000 | £4,597 | £359,597 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | -29.515 % | £-104,779 | £250,220 |
3 Month Average | -0.108 % | £-381 | £354,618 |
6 Month Average | 14.851 % | £52,720 | £407,720 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £170,017 | £167,500 | 110 RICHBOROUGH DRIVE |
27 Sep 2023 | £359,598 | £355,000 | 8 SHIPTON CLOSE |
9 Jun 2023 | £409,966 | £405,000 | 6 CLEARWELL GARDENS |
6 May 2022 | £366,863 | £359,950 | 17 SHIPTON CLOSE |
1 Sep 2021 | £184,268 | £171,000 | 83 RICHBOROUGH DRIVE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 3 Dec 2013. Using an estimated price of £359,598 means this house is valued at £3,424 per sq meter (£318 per sq foot).
The average size of a house on SHIPTON CLOSE is 126 sq meters (1,361 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shipton Close |
Mar 2024 | Vehicle crime | Under investigation | On or near Dinham Gardens |
Dec 2023 | Drugs | Under investigation | On or near Dinham Gardens |
Mar 2024 | Anti-social behaviour | On or near Clearwell Gardens | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Clearwell Gardens |