£227,930
This estimated value is based upon the latest sale price for the house of £125,950 on 8 Aug 2005. 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 Pennington Way
More crime details
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| Price Paid | Date |
|---|---|
| £125,950 | 8 Aug 2005 |
| £50,500 | 21 Aug 2000 |
| £46,500 | 22 Sep 1995 |
| Terraced |
| Freehold |
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 2005 the House Price Index for WEST MIDLANDS was 81.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 80.969%.Applying this 80.969% change to the original purchase price of £125,950 results in an estimated price of approximately £227,930.
| 8 Aug 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 146.7 | 80.969 % | £125,950 | £101,980 | £227,930 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 49.459 % | £62,293 | £188,243 |
| 3 Month Average | 67.657 % | £85,214 | £211,164 |
| 6 Month Average | 72.130 % | £90,847 | £216,797 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Pennington Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Dunnose Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Alum Close |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Alum Close |
| Jan 2024 | Anti-social behaviour | On or near Alum Close |