£347,792
This estimated value is based upon the latest sale price for the house of £84,500 on 29 Nov 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £84,500 | 29 Nov 1999 |
| £84,500 | 29 Nov 1999 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 November 1999 the House Price Index for WEST MIDLANDS was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £84,500 results in an estimated price of approximately £347,792.
| 29 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 149.7 | 311.588 % | £84,500 | £263,292 | £347,792 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 288.959 % | £244,170 | £328,670 |
| 3 Month Average | 282.897 % | £239,048 | £323,548 |
| 6 Month Average | 272.810 % | £230,524 | £315,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £224,911 | £218,000 | 57 LARNE ROAD |
| 12 Oct 2023 | £276,275 | £270,000 | 12 BROADWAY CROFT |
| 18 Aug 2023 | £239,316 | £235,000 | 107 LARNE ROAD |
| 10 Mar 2023 | £165,768 | £163,000 | FLAT 7 BURROWS MANOR, 364 BARROWS LANE |
| 20 Jan 2023 | £255,683 | £255,000 | 52 LARNE ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 3 Dec 2016. Using an estimated price of £347,792 means this house is valued at £2,998 per sq meter (£278 per sq foot).
The average size of a house on PADDOCK DRIVE is 109 sq meters (1,183 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paddock Drive |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broadway Croft |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Broadway Croft |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadway Croft |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadway Croft |