£457,683
This estimated value is based upon the latest sale price for the house of £360,000 on 13 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £360,000 | 13 Oct 2017 |
| £189,000 | 25 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 225 sq meters or 2,421 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 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £360,000 results in an estimated price of approximately £457,683.
| 13 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £360,000 | £97,683 | £457,683 |
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 | 30.579 % | £110,086 | £470,086 |
| 3 Month Average | 49.804 % | £179,295 | £539,295 |
| 6 Month Average | 32.165 % | £115,792 | £475,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £461,720 | £450,000 | 11 SCOTT CLOSE |
| 17 Nov 2023 | £461,720 | £450,000 | 35 WOODHALL ROAD |
| 30 Oct 2023 | £286,507 | £280,000 | 9 SCOTT CLOSE |
| 25 Jan 2023 | £265,710 | £265,000 | 74 LYTTON AVENUE |
| 29 Jun 2022 | £264,657 | £259,000 | 11 PINFOLD LANE |
This house has a floor area of 225 sq meters or 2,421 sq feet when measured on 10 Jul 2014. Using an estimated price of £457,683 means this house is valued at £2,034 per sq meter (£188 per sq foot).
The average size of a house on PINFOLD LANE is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scott Avenue |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Scott Avenue |
| May 2024 | Violence and sexual offences | Under investigation | On or near Woodhall Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodlands Paddock |
| Jul 2024 | Anti-social behaviour | On or near Lancaster Gardens |