£412,332
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Jun 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 30 Jun 2009 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,169 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 June 2009 the House Price Index for WEST MIDLANDS was 80.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 83.259%.Applying this 83.259% change to the original purchase price of £225,000 results in an estimated price of approximately £412,332.
| 30 Jun 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.0 | 83.259 % | £225,000 | £187,332 | £412,332 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 30.221 % | £67,996 | £292,996 |
| 3 Month Average | 30.802 % | £69,304 | £294,304 |
| 6 Month Average | 44.658 % | £100,480 | £325,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £424,011 | £420,000 | 20 SHOWELL LANE |
| 30 Jun 2023 | £342,729 | £339,950 | 10 NORTON CLOSE |
| 20 Jun 2023 | £312,534 | £310,000 | 326 WARSTONES ROAD |
| 23 Sep 2022 | £563,151 | £570,000 | 3 THE WATER GARDENS |
| 5 Apr 2022 | £220,513 | £215,000 | 299 WARSTONES ROAD |
This house has a floor area of 108 sq meters or 1,169 sq feet when measured on 8 Oct 2008. Using an estimated price of £412,333 means this house is valued at £3,795 per sq meter (£352 per sq foot).
The average size of a house on LARKSWOOD DRIVE is 142 sq meters (1,539 sq feet).
This house is the smallest in the street with a floor area of 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Larkswood Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Water Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Water Gardens |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near The Water Gardens |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near The Water Gardens |