£127,628
This estimated value is based upon the latest sale price for the house of £93,000 on 14 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £93,000 | 14 Jan 2016 |
| £65,000 | 9 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £93,000 results in an estimated price of approximately £127,628.
| 14 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £93,000 | £34,628 | £127,628 |
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 | 99.947 % | £92,950 | £185,950 |
| 3 Month Average | 12.220 % | £11,364 | £104,364 |
| 6 Month Average | 7.851 % | £7,301 | £100,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £122,423 | £123,000 | 66 PENNANT COURT |
| 10 Jun 2022 | £80,640 | £79,500 | 63 FISHER STREET |
| 30 May 2022 | £96,824 | £95,000 | 65 FISHER STREET |
| 28 Jan 2022 | £124,710 | £118,500 | 4 PENNANT COURT |
| 28 Jan 2022 | £107,872 | £102,500 | 7 PENNANT COURT |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 28 Jul 2015. Using an estimated price of £127,629 means this house is valued at £1,501 per sq meter (£139 per sq foot).
There is one other house on the street which we know the size of, this is 3 LEA GARDENS it is 89.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fern Road |
| Jan 2024 | Robbery | Under investigation | On or near Fern Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Fern Road |
| Jan 2024 | Anti-social behaviour | On or near Pennant Court | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennant Court |