£274,113
This estimated value is based upon the latest sale price for the house of £160,000 on 1 Apr 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Ferndale Road
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| Price Paid | Date |
|---|---|
| £160,000 | 1 Apr 2011 |
| £160,000 | 1 Apr 2011 |
| Terraced |
| Leasehold |
| Floor Area: 78 sq meters or 849 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 April 2011 the House Price Index for WEST MIDLANDS was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £160,000 results in an estimated price of approximately £274,113.
| 1 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £160,000 | £114,113 | £274,113 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 66.969 % | £107,150 | £267,150 |
| 3 Month Average | 56.658 % | £90,652 | £250,652 |
| 6 Month Average | 60.105 % | £96,168 | £256,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £432,569 | £425,000 | 12 MAYFIELD ROAD |
| 24 Nov 2023 | £390,786 | £385,000 | 36 MAYFIELD ROAD |
| 27 Sep 2023 | £384,922 | £380,000 | 37 FERNDALE ROAD |
| 7 Sep 2023 | £366,688 | £362,000 | 1 FERNDALE ROAD |
| 15 Jun 2023 | £263,188 | £260,000 | 28 NORTHSIDE DRIVE |
This house has a floor area of 78 sq meters or 849 sq feet when measured on 17 Jan 2011. Using an estimated price of £274,113 means this house is valued at £3,472 per sq meter (£322 per sq foot).
The average size of a house on FERNDALE ROAD is 109 sq meters (1,177 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ferndale Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Crest View |
| Mar 2024 | Robbery | Under investigation | On or near Bracken Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Frankburn Road |