£355,605
This estimated value is based upon the latest sale price for the house of £330,000 on 27 Sep 2021. 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 Fern Leys
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Price Paid | Date |
---|---|
£330,000 | 27 Sep 2021 |
£248,000 | 15 Feb 2013 |
£95,000 | 18 Jun 1999 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,291 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £330,000 results in an estimated price of approximately £355,605.
27 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £330,000 | £25,605 | £355,605 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -67.995 % | £-224,385 | £105,614 |
3 Month Average | -4.706 % | £-15,530 | £314,469 |
6 Month Average | -12.492 % | £-41,225 | £288,774 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £141,859 | £139,950 | 9 SPRUCE WAY |
11 Aug 2022 | £149,597 | £150,000 | 4 SPRUCE WAY |
18 Feb 2022 | £325,095 | £310,000 | 8 YEADON GARDENS |
18 Feb 2022 | £325,095 | £310,000 | 44 FINCHFIELD ROAD WEST |
21 Dec 2021 | £136,601 | £127,500 | 6 SPRUCE WAY |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 9 Jul 2014. Using an estimated price of £355,606 means this house is valued at £2,963 per sq meter (£275 per sq foot).
The average size of a house on FINCHFIELD ROAD WEST is 91 sq meters (984 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Shoplifting | Under investigation | On or near Fern Leys |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fern Leys |
Apr 2024 | Burglary | Under investigation | On or near Fern Leys |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Fern Leys |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fern Leys |