£537,436
This estimated value is based upon the latest sale price for the house of £435,000 on 28 Jun 2019. 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 |
---|---|
£435,000 | 28 Jun 2019 |
Detached |
Freehold |
Floor Area: 188 sq meters or 2,023 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 June 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £435,000 results in an estimated price of approximately £537,436.
28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £435,000 | £102,436 | £537,436 |
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 | 8.066 % | £35,086 | £470,086 |
3 Month Average | -18.888 % | £-82,160 | £352,839 |
6 Month Average | -15.278 % | £-66,459 | £368,540 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £112,010 | £110,050 | FLAT 3 GRIFFIN COURT WEST 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 |
21 Oct 2022 | £11,773 | £11,900 | 29 PAVENHAM DRIVE |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 11 Feb 2020. Using an estimated price of £537,437 means this house is valued at £2,858 per sq meter (£265 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 | Public order | Unable to prosecute suspect | On or near Pebble Mill Road |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Pebble Mill Road |
Jan 2024 | Possession of weapons | Under investigation | On or near Pebble Mill Road |