£203,855
This estimated value is based upon the latest sale price for the house of £165,000 on 7 Jun 2019. 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 Cardigan Drive
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| Price Paid | Date |
|---|---|
| £165,000 | 7 Jun 2019 |
| £130,000 | 27 May 2016 |
| £124,995 | 15 Nov 2013 |
| £120,000 | 27 Jan 2006 |
| £113,500 | 17 May 2004 |
| £113,500 | 17 May 2004 |
| £52,000 | 22 Dec 1998 |
| £16,250 | 30 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 £165,000 results in an estimated price of approximately £203,855.
| 7 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £165,000 | £38,855 | £203,855 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | -6.665 % | £-10,996 | £154,003 |
| 3 Month Average | 26.850 % | £44,302 | £209,302 |
| 6 Month Average | 25.749 % | £42,486 | £207,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £203,188 | £201,000 | 108 LUCKNOW ROAD |
| 31 Mar 2023 | £186,760 | £185,000 | 124 LUCKNOW ROAD |
| 28 Mar 2023 | £206,950 | £205,000 | 4 EATON RISE |
| 10 Mar 2023 | £231,178 | £229,000 | 34 PERRY HALL DRIVE |
| 30 Nov 2022 | £227,247 | £230,000 | 3 PERRY HALL DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Mar 2013. Using an estimated price of £203,855 means this house is valued at £2,792 per sq meter (£259 per sq foot).
The average size of a house on FARBROOK WAY is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Cardigan Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Williams Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Allens Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Allens Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burleigh Close |