£269,477
This estimated value is based upon the latest sale price for the house of £197,500 on 15 Apr 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£197,500 | 15 Apr 2016 |
£197,500 | 16 Mar 2007 |
£71,500 | 19 Dec 2001 |
Semi-Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 April 2016 the House Price Index for WEST MIDLANDS was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £197,500 results in an estimated price of approximately £269,477.
15 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £197,500 | £71,977 | £269,477 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 19.321 % | £38,159 | £235,659 |
3 Month Average | 40.237 % | £79,467 | £276,967 |
6 Month Average | 40.542 % | £80,070 | £277,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £211,499 | £205,000 | 55 EDWARD ROAD |
25 Nov 2022 | £243,860 | £245,000 | 75 MALMESBURY ROAD |
21 Oct 2022 | £204,318 | £205,000 | 103 EDWARD ROAD |
5 Jul 2022 | £242,429 | £240,000 | 97 EDWARD ROAD |
15 Jun 2022 | £178,823 | £175,000 | 31 EDWARD ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 30 Sep 2015. Using an estimated price of £269,477 means this house is valued at £2,406 per sq meter (£223 per sq foot).
The average size of a house on PENNY PARK LANE is 104 sq meters (1,120 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Edward Road |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Edward Road |
Jun 2024 | Drugs | Unable to prosecute suspect | On or near Edward Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Road |
May 2024 | Other crime | Unable to prosecute suspect | On or near Edward Road |