£377,558
This estimated value is based upon the latest sale price for the house of £260,000 on 26 Jun 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 26 Jun 2015 |
| £75,000 | 13 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2015 the House Price Index for WEST MIDLANDS was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £260,000 results in an estimated price of approximately £377,558.
| 26 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £260,000 | £117,558 | £377,558 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -9.130 % | £-23,737 | £236,262 |
| 3 Month Average | 36.399 % | £94,636 | £354,636 |
| 6 Month Average | 61.855 % | £160,821 | £420,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £330,788 | £325,000 | 17 NAIRN CLOSE |
| 13 Nov 2023 | £268,982 | £265,000 | 30 NAIRN CLOSE |
| 10 Nov 2023 | £319,734 | £315,000 | 1 GOODMAN CLOSE |
| 4 Jul 2023 | £285,847 | £282,000 | 139 ROBIN HOOD LANE |
| 6 Jan 2023 | £378,218 | £380,000 | 2 GOODMAN CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 15 Apr 2015. Using an estimated price of £377,559 means this house is valued at £3,738 per sq meter (£347 per sq foot).
The average size of a house on ROBIN HOOD LANE is 123 sq meters (1,328 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Awaiting court outcome | On or near Goodman Close |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Goodman Close |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Goodman Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfield Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Close |