£348,437
This estimated value is based upon the latest sale price for the house of £90,000 on 6 Mar 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 6 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,688 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 March 2000 the House Price Index for WEST MIDLANDS was 38.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 287.153%.Applying this 287.153% change to the original purchase price of £90,000 results in an estimated price of approximately £348,437.
| 6 Mar 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 148.6 | 287.153 % | £90,000 | £258,437 | £348,437 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 389.095 % | £350,185 | £440,185 |
| 3 Month Average | 235.039 % | £211,535 | £301,535 |
| 6 Month Average | 211.995 % | £190,795 | £280,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £393,709 | £390,000 | 2 TUDOR CRESCENT |
| 26 Aug 2022 | £126,659 | £127,000 | 22 STUBBS ROAD |
| 2 Aug 2022 | £119,678 | £120,000 | 22A STUBBS ROAD |
| 21 Jul 2022 | £360,972 | £360,000 | 9 ROOKERY LANE |
| 17 Feb 2022 | £380,152 | £362,500 | 19A TUDOR CRESCENT |
This house has a floor area of 156 sq meters or 1,688 sq feet when measured on 29 Jun 2011. Using an estimated price of £348,438 means this house is valued at £2,221 per sq meter (£206 per sq foot).
The average size of a house on PENN ROAD is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Copthorne Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyndhurst Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyndhurst Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hayling Grove |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Hayling Grove |