£228,549
This estimated value is based upon the latest sale price for the house of £185,000 on 31 Oct 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 Pendeford Avenue
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| Price Paid | Date |
|---|---|
| £185,000 | 31 Oct 2019 |
| £93,000 | 12 Mar 2003 |
| £49,950 | 2 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £185,000 results in an estimated price of approximately £228,549.
| 31 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £185,000 | £43,549 | £228,549 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | -9.040 % | £-16,724 | £168,275 |
| 3 Month Average | 13.628 % | £25,211 | £210,211 |
| 6 Month Average | 12.376 % | £22,895 | £207,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £216,550 | £212,500 | 100 PENDEFORD AVENUE |
| 15 Jul 2022 | £202,024 | £200,000 | 4 DERWENT ROAD |
| 4 Mar 2022 | £234,885 | £225,000 | 121 PENDEFORD AVENUE |
| 1 Apr 2021 | £253,102 | £222,500 | 141 GREEN LANE |
| 30 Jul 2020 | £133,997 | £110,000 | 11 CHEAM GARDENS |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 22 Aug 2019. Using an estimated price of £228,549 means this house is valued at £1,668 per sq meter (£154 per sq foot).
The average size of a house on PENDEFORD AVENUE is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Pendeford Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cheam Gardens |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheam Gardens |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Cheam Gardens |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |