£192,919
This estimated value is based upon the latest sale price for the house of £156,000 on 15 Apr 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£156,000 | 15 Apr 2020 |
£47,245 | 12 Dec 2000 |
Semi-Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2020 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £156,000 results in an estimated price of approximately £192,919.
15 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.667 % | £156,000 | £36,919 | £192,919 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 104.908 % | £163,657 | £319,657 |
3 Month Average | 2.865 % | £4,469 | £160,469 |
6 Month Average | 11.447 % | £17,856 | £173,856 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £180,584 | £176,000 | 17 CARSHALTON GROVE |
29 Sep 2023 | £177,922 | £174,000 | 47 CARSHALTON GROVE |
3 Apr 2023 | £134,006 | £131,500 | 65 CARSHALTON GROVE |
25 Nov 2022 | £184,139 | £185,000 | 2 POND CRESCENT |
15 Mar 2022 | £227,577 | £218,000 | 6 BRADLEY ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 24 Jan 2020. Using an estimated price of £192,920 means this house is valued at £1,594 per sq meter (£148 per sq foot).
The average size of a house on POND LANE is 101 sq meters (1,095 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Pond Crescent | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howell Road |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Howell Road |
Jul 2024 | Burglary | Unable to prosecute suspect | On or near Bradley Road |
May 2024 | Anti-social behaviour | On or near Bradley Road |