£281,988
This estimated value is based upon the latest sale price for the house of £125,000 on 10 Oct 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 10 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2003 the House Price Index for WEST MIDLANDS was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £125,000 results in an estimated price of approximately £281,988.
| 10 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £125,000 | £156,988 | £281,988 |
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 | -7.110 % | £-8,887 | £116,112 |
| 3 Month Average | 60.259 % | £75,323 | £200,323 |
| 6 Month Average | 114.887 % | £143,608 | £268,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jul 2024 | £275,000 | £275,000 | 69 GROSVENOR ROAD |
| 28 Jun 2024 | £255,000 | £255,000 | 10 DOVEDALE ROAD |
| 4 Apr 2024 | £277,409 | £275,000 | 106 FARRINGTON ROAD |
| 1 Mar 2024 | £330,071 | £325,000 | 60 FARRINGTON ROAD |
| 31 Oct 2023 | £266,042 | £260,000 | 72 DOVEDALE ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 6 Nov 2015. Using an estimated price of £281,989 means this house is valued at £2,764 per sq meter (£256 per sq foot).
The average size of a house on FARRINGTON ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Rodway Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rodway Close |
| Aug 2024 | Drugs | Offender given a caution | On or near Rodway Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tern Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashbourne Road |