£705,035
This estimated value is based upon the latest sale price for the house of £570,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £570,000 | 17 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 329 sq meters or 3,546 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £570,000 results in an estimated price of approximately £705,035.
| 17 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £570,000 | £135,035 | £705,035 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -2.928 % | £-16,689 | £553,310 |
| 3 Month Average | 21.404 % | £122,003 | £692,003 |
| 6 Month Average | 33.702 % | £192,099 | £762,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £329,209 | £325,000 | 56 LEA MANOR DRIVE |
| 15 Sep 2023 | £468,490 | £462,500 | 1 CHURCH HILL |
| 18 Aug 2023 | £287,515 | £285,000 | 9 CHURCH HILL |
| 28 Jul 2023 | £324,366 | £320,000 | 7 SCOTT CLOSE |
| 28 Jul 2023 | £288,888 | £285,000 | 42 PINFOLD LANE |
This house has a floor area of 329 sq meters or 3,546 sq feet when measured on 23 Apr 2009. Using an estimated price of £705,035 means this house is valued at £2,140 per sq meter (£198 per sq foot).
The average size of a house on PINFOLD LANE is 104 sq meters (1,125 sq feet).
This house is the largest in the street with a floor area of 329 sq meters (3,546 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Woodlands Paddock | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodlands Paddock |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Woodlands Paddock |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Woodlands Paddock |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Scott Avenue |