£374,439
This estimated value is based upon the latest sale price for the house of £215,000 on 7 Oct 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 7 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,224 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 October 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £215,000 results in an estimated price of approximately £374,439.
| 7 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £215,000 | £159,439 | £374,439 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 66.403 % | £142,766 | £357,766 |
| 3 Month Average | 50.887 % | £109,406 | £324,406 |
| 6 Month Average | 49.727 % | £106,912 | £321,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £340,462 | £330,000 | 40 THE PARKWAY |
| 29 Apr 2022 | £228,233 | £220,000 | 19 REDMIRES CLOSE |
| 8 Apr 2022 | £295,665 | £285,000 | 54 THE PARKWAY |
| 17 Dec 2021 | £280,620 | £260,000 | 23 SEDGEMERE GROVE |
| 10 Dec 2021 | £339,982 | £315,000 | 5 BECKFIELD CLOSE |
This house has a floor area of 113 sq meters or 1,224 sq feet when measured on 7 Mar 2011. Using an estimated price of £374,440 means this house is valued at £3,290 per sq meter (£305 per sq foot).
The average size of a house on FENBOURNE CLOSE is 142 sq meters (1,534 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near The Parkway |
| Oct 2024 | Anti-social behaviour | On or near Mere View | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Willowside |
| Oct 2024 | Public order | Under investigation | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |