£165,104
This estimated value is based upon the latest sale price for the house of £133,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £133,000 | 16 Nov 2018 |
| £74,000 | 8 Apr 2011 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 772 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £133,000 results in an estimated price of approximately £165,104.
| 16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £133,000 | £32,104 | £165,104 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 20.380 % | £27,105 | £160,105 |
| 3 Month Average | 22.633 % | £30,101 | £163,101 |
| 6 Month Average | 25.278 % | £33,620 | £166,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £109,955 | £109,000 | 40 FARNDALE AVENUE |
| 4 Mar 2024 | £177,731 | £175,000 | 79 FARNDALE AVENUE |
| 25 Aug 2023 | £259,684 | £255,000 | 139 HEN LANE |
| 6 Apr 2023 | £168,655 | £165,500 | 20 FARNDALE AVENUE |
| 13 May 2022 | £189,949 | £185,000 | 54 FARNDALE AVENUE |
This house has a floor area of 71 sq meters or 772 sq feet when measured on 31 Mar 2010. Using an estimated price of £165,105 means this house is valued at £2,300 per sq meter (£213 per sq foot).
The average size of a house on HEN LANE is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Farndale Avenue |
| Jul 2024 | Drugs | Under investigation | On or near Farndale Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farndale Avenue |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Farndale Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alder Meadow Close |