£193,041
This estimated value is based upon the latest sale price for the house of £154,500 on 21 Feb 2018. 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 Portchester Drive
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| Price Paid | Date |
|---|---|
| £154,500 | 21 Feb 2018 |
| Detached |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 February 2018 the House Price Index for WEST MIDLANDS was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £154,500 results in an estimated price of approximately £193,041.
| 21 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £154,500 | £38,541 | £193,041 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 13.591 % | £20,998 | £175,498 |
| 3 Month Average | 15.957 % | £24,653 | £179,153 |
| 6 Month Average | 29.910 % | £46,211 | £200,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £274,057 | £270,000 | 28 HALECROFT AVENUE |
| 19 Jul 2023 | £304,093 | £300,000 | 39 HALECROFT AVENUE |
| 31 Mar 2023 | £131,236 | £130,000 | 78 NEACHELLS LANE |
| 10 Mar 2023 | £88,332 | £87,500 | 32 PICKERING ROAD |
| 17 Aug 2022 | £179,517 | £180,000 | 17 PICKERING ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 7 Feb 2017. Using an estimated price of £193,042 means this house is valued at £2,218 per sq meter (£206 per sq foot).
The average size of a house on PORTCHESTER DRIVE is 127 sq meters (1,367 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Portchester Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pickering Road |
| Mar 2024 | Public order | Under investigation | On or near Pickering Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Pickering Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pickering Road |