£318,178
This estimated value is based upon the latest sale price for the house of £59,995 on 7 Feb 1997. 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 Penns Wood Close
More crime details
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Price Paid | Date |
---|---|
£59,995 | 7 Feb 1997 |
Semi-Detached |
Leasehold |
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 1997 the House Price Index for WEST MIDLANDS was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £59,995 results in an estimated price of approximately £318,178.
7 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.2 | 149.7 | 430.342 % | £59,995 | £258,183 | £318,178 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 357.484 % | £214,472 | £274,467 |
3 Month Average | 315.503 % | £189,286 | £249,281 |
6 Month Average | 309.358 % | £185,599 | £245,594 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2024 | £280,000 | £280,000 | 15 PENNS WOOD CLOSE |
12 Apr 2024 | £439,819 | £436,000 | 1 KINGFISHER CLOSE |
20 Oct 2023 | £235,345 | £230,000 | 13 PENNS WOOD CLOSE |
14 Sep 2023 | £327,213 | £320,000 | 10 AYLESFORD CLOSE |
24 Mar 2023 | £269,501 | £265,000 | 14 EVERSLEY GROVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Penns Wood Close |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Melford Close |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Aylesford Close |
Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Northway |
Jul 2024 | Anti-social behaviour | On or near Eaves Court Drive |