£299,263
This estimated value is based upon the latest sale price for the house of £124,000 on 11 Apr 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £124,000 | 11 Apr 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 April 2003 the House Price Index for WEST MIDLANDS was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £124,000 results in an estimated price of approximately £299,263.
| 11 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 149.7 | 141.341 % | £124,000 | £175,263 | £299,263 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 156.799 % | £194,430 | £318,430 |
| 3 Month Average | 162.178 % | £201,100 | £325,100 |
| 6 Month Average | 150.212 % | £186,263 | £310,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £86,000 | £86,000 | 72 PICKERING ROAD |
| 5 Apr 2024 | £75,657 | £75,000 | 66 PICKERING ROAD |
| 3 Apr 2024 | £126,095 | £125,000 | 70 NEACHELLS LANE |
| 27 Mar 2024 | £86,326 | £85,000 | 68 NEACHELLS LANE |
| 19 Oct 2023 | £148,370 | £145,000 | 62 NEACHELLS LANE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 10 Feb 2016. Using an estimated price of £299,263 means this house is valued at £2,078 per sq meter (£193 per sq foot).
The average size of a house on NEACHELLS LANE is 86 sq meters (927 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Alfred Squire Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Portchester Drive |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Portchester Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portchester Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portchester Drive |