£365,715
This estimated value is based upon the latest sale price for the house of £305,000 on 26 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £305,000 | 26 Aug 2020 |
| £305,000 | 26 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £305,000 results in an estimated price of approximately £365,715.
| 26 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £305,000 | £60,715 | £365,715 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | -56.555 % | £-172,492 | £132,507 |
| 3 Month Average | 23.213 % | £70,800 | £375,800 |
| 6 Month Average | 18.175 % | £55,434 | £360,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £349,468 | £345,000 | 7 PORTLAND CRESCENT |
| 17 Mar 2023 | £353,329 | £350,000 | 38 PORTLAND DRIVE |
| 11 Oct 2021 | £182,569 | £165,000 | FLAT 5 PINE COURT REDLAKE ROAD |
| 29 Sep 2021 | £312,502 | £290,000 | 15 PORTLAND CRESCENT |
| 25 Aug 2021 | £362,575 | £325,000 | 30 PORTLAND DRIVE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 25 Feb 2020. Using an estimated price of £365,715 means this house is valued at £3,125 per sq meter (£290 per sq foot).
The average size of a house on PORTLAND DRIVE is 120 sq meters (1,292 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Portland Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Drive |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Leaholme Gardens |
| Mar 2024 | Anti-social behaviour | On or near Kielder Gardens | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenroyde |