£729,570
This estimated value is based upon the latest sale price for the house of £425,000 on 30 Aug 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Pavenham Drive
More crime details
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Price Paid | Date |
---|---|
£425,000 | 30 Aug 2006 |
£225,000 | 2 May 2000 |
Detached |
Freehold |
Floor Area: 162 sq meters or 1,743 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 August 2006 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £425,000 results in an estimated price of approximately £729,570.
30 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.664 % | £425,000 | £304,570 | £729,570 |
The Postcode Pricing Model uses changes in average sales price within the B5 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 | 20.758 % | £88,222 | £513,222 |
3 Month Average | -15.605 % | £-66,321 | £358,678 |
6 Month Average | -7.353 % | £-31,249 | £393,750 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £112,010 | £110,050 | FLAT 3 GRIFFIN COURT WEST DRIVE |
30 Jun 2023 | £258,127 | £255,000 | 40 EAST DRIVE |
2 Jun 2023 | £253,065 | £250,000 | 11 SOUTH DRIVE |
8 Feb 2023 | £694,533 | £695,000 | 321 PERSHORE ROAD |
31 Jan 2023 | £333,429 | £335,000 | 15 WEST DRIVE |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 19 Aug 2014. Using an estimated price of £729,570 means this house is valued at £4,503 per sq meter (£418 per sq foot).
The average size of a house on PERSHORE ROAD is 85 sq meters (923 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Pavenham Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Pavenham Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Drive |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near West Drive |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Pebble Mill Road |