£274,780
This estimated value is based upon the latest sale price for the house of £162,011 on 18 Sep 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £162,011 | 18 Sep 2012 |
| £78,000 | 8 Sep 2000 |
| £75,000 | 30 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 September 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.606%.Applying this 69.606% change to the original purchase price of £162,011 results in an estimated price of approximately £274,780.
| 18 Sep 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.0 | 69.606 % | £162,011 | £112,769 | £274,780 |
The Postcode Pricing Model uses changes in average sales price within the WV9 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 | 71.618 % | £116,029 | £278,040 |
| 3 Month Average | 57.655 % | £93,407 | £255,418 |
| 6 Month Average | 73.898 % | £119,723 | £281,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £239,456 | £238,000 | 3 MARHOLM CLOSE |
| 7 Sep 2022 | £192,657 | £195,000 | 12 TIFFANY LANE |
| 31 Mar 2022 | £175,453 | £170,000 | 29 LEYBOURNE CRESCENT |
| 4 Feb 2022 | £109,668 | £105,000 | 16 LEYBOURNE CRESCENT |
| 31 Jan 2022 | £215,397 | £205,500 | 33 LEYBOURNE CRESCENT |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 20 Apr 2012. Using an estimated price of £274,780 means this house is valued at £2,986 per sq meter (£277 per sq foot).
The average size of a house on SONNING DRIVE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tiffany Lane |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Tiffany Lane |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near The Droveway |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Pagham Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pagham Close |