£670,114
This estimated value is based upon the latest sale price for the house of £517,000 on 3 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £517,000 | 3 Mar 2017 |
| Detached |
| Freehold |
| Floor Area: 255 sq meters or 2,744 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 March 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £517,000 results in an estimated price of approximately £670,114.
| 3 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £517,000 | £153,114 | £670,114 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -55.423 % | £-286,534 | £230,465 |
| 3 Month Average | 17.272 % | £89,294 | £606,294 |
| 6 Month Average | 7.714 % | £39,879 | £556,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £385,710 | £380,000 | 30 COPTHORNE ROAD |
| 10 Mar 2023 | £393,709 | £390,000 | 2 TUDOR CRESCENT |
| 23 Nov 2022 | £345,811 | £350,000 | 182 GOLDTHORN HILL |
| 21 Jul 2022 | £360,972 | £360,000 | 9 ROOKERY LANE |
| 17 Feb 2022 | £380,152 | £362,500 | 19A TUDOR CRESCENT |
This house has a floor area of 255 sq meters or 2,744 sq feet when measured on 25 Nov 2016. Using an estimated price of £670,114 means this house is valued at £2,627 per sq meter (£244 per sq foot).
The average size of a house on PENN ROAD is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hayling Grove |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Hayling Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tudor Crescent |
| Jan 2024 | Anti-social behaviour | On or near Goldthorn Road | |
| Jan 2024 | Anti-social behaviour | On or near Goldthorn Road |