£367,154
This estimated value is based upon the latest sale price for the house of £280,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £280,000 | 16 Dec 2016 |
| Detached |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 December 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £280,000 results in an estimated price of approximately £367,154.
| 16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £280,000 | £87,154 | £367,154 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | -21.119 % | £-59,134 | £220,865 |
| 3 Month Average | -16.444 % | £-46,042 | £233,957 |
| 6 Month Average | 18.918 % | £52,971 | £332,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £355,260 | £350,000 | 10 STENCILLS ROAD |
| 25 Aug 2023 | £448,927 | £445,000 | 15 STENCILLS ROAD |
| 12 Aug 2022 | £321,634 | £322,500 | 2 STENCILLS DRIVE |
| 24 Jun 2022 | £461,522 | £455,000 | 13 RUSHALL MANOR ROAD |
| 25 Feb 2022 | £425,246 | £405,500 | 22 RUSHALL CLOSE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 15 Jun 2016. Using an estimated price of £367,155 means this house is valued at £3,399 per sq meter (£315 per sq foot).
The average size of a house on RUSHALL CLOSE is 147 sq meters (1,585 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Rushall Manor Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Leigh Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Leigh Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fernleigh Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Fernleigh Road |