£222,770
This estimated value is based upon the latest sale price for the house of £47,500 on 7 Sep 1998. 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 Penkridge Gardens
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| Price Paid | Date |
|---|---|
| £47,500 | 7 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 808 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 September 1998 the House Price Index for WEST MIDLANDS was 31.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 368.991%.Applying this 368.991% change to the original purchase price of £47,500 results in an estimated price of approximately £222,770.
| 7 Sep 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 149.7 | 368.991 % | £47,500 | £175,270 | £222,770 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 272.188 % | £129,289 | £176,789 |
| 3 Month Average | 354.288 % | £168,286 | £215,786 |
| 6 Month Average | 343.078 % | £162,962 | £210,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £262,793 | £257,000 | 4 NEWBURY ROAD |
| 27 Jan 2023 | £230,616 | £230,000 | 21 WINCHESTER ROAD |
| 22 Apr 2022 | £143,164 | £138,000 | 17 THREE TUNS LANE |
| 25 Mar 2022 | £194,172 | £186,000 | 588 STAFFORD ROAD |
| 11 Mar 2022 | £220,270 | £211,000 | 553 STAFFORD ROAD |
This house has a floor area of 75 sq meters or 808 sq feet when measured on 29 Jul 2010. Using an estimated price of £222,770 means this house is valued at £2,964 per sq meter (£275 per sq foot).
The average size of a house on STAFFORD ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Penkridge Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Penkridge Gardens |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Penkridge Gardens |
| Jul 2024 | Other theft | Under investigation | On or near Penkridge Gardens |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Penkridge Gardens |