£166,418
This estimated value is based upon the latest sale price for the house of £145,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£145,000 | 4 Dec 2020 |
£125,000 | 24 Mar 2017 |
£120,000 | 3 Jul 2015 |
£86,000 | 28 Aug 2009 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £145,000 results in an estimated price of approximately £166,418.
4 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £145,000 | £21,418 | £166,418 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | -4.897 % | £-7,100 | £137,899 |
3 Month Average | 37.115 % | £53,816 | £198,816 |
6 Month Average | 38.619 % | £55,996 | £200,996 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2023 | £189,872 | £190,000 | 166 VARDON WAY |
24 Jan 2023 | £189,109 | £190,000 | 78 VARDON WAY |
9 Sep 2022 | £202,366 | £204,000 | 15 PORTRUSH AVENUE |
26 Aug 2022 | £259,302 | £260,000 | 49 CHADDESLEY ROAD |
15 Aug 2022 | £184,503 | £185,000 | 24 PAR GREEN |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 Sep 2015. Using an estimated price of £166,418 means this house is valued at £1,912 per sq meter (£177 per sq foot).
The average size of a house on VARDON WAY is 81 sq meters (881 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Par Green | |
Feb 2024 | Anti-social behaviour | On or near Par Green | |
Feb 2024 | Anti-social behaviour | On or near Par Green | |
Jan 2024 | Anti-social behaviour | On or near Par Green | |
Jan 2024 | Anti-social behaviour | On or near Par Green |