£292,663
This estimated value is based upon the latest sale price for the house of £237,500 on 15 Nov 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 Henlow Road
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| Price Paid | Date |
|---|---|
| £237,500 | 15 Nov 2018 |
| £156,000 | 9 Dec 2013 |
| £145,000 | 29 Jul 2005 |
| £130,000 | 20 Feb 2003 |
| £59,950 | 13 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £237,500 results in an estimated price of approximately £292,663.
| 15 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £237,500 | £55,163 | £292,663 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | -21.855 % | £-51,905 | £185,594 |
| 3 Month Average | -3.390 % | £-8,051 | £229,448 |
| 6 Month Average | 11.999 % | £28,497 | £265,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £266,406 | £263,000 | 27 HENLOW ROAD |
| 24 Jul 2023 | £243,274 | £240,000 | 48 MAYPOLE LANE |
| 10 Mar 2023 | £186,760 | £185,000 | 5 MYRTLE AVENUE |
| 29 Jul 2022 | £220,594 | £220,000 | 42 HENLOW ROAD |
| 9 Jun 2022 | £314,444 | £310,000 | 16 MYRTLE AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 30 Apr 2013. Using an estimated price of £292,663 means this house is valued at £3,902 per sq meter (£362 per sq foot).
The average size of a house on HENLOW ROAD is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Henlow Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Henlow Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Henlow Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forder Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Forder Grove |