£354,070
This estimated value is based upon the latest sale price for the house of £112,000 on 2 Nov 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Farndale Close
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £112,000 | 2 Nov 2001 |
| £79,000 | 29 Oct 1999 |
| Detached |
| 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 November 2001 the House Price Index for WEST MIDLANDS was 46.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 216.134%.Applying this 216.134% change to the original purchase price of £112,000 results in an estimated price of approximately £354,070.
| 2 Nov 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 146.7 | 216.134 % | £112,000 | £242,070 | £354,070 |
The Postcode Pricing Model uses changes in average sales price within the DY5 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 | 158.749 % | £177,799 | £289,799 |
| 3 Month Average | 169.017 % | £189,298 | £301,298 |
| 6 Month Average | 161.040 % | £180,365 | £292,365 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Farndale Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Farndale Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Farndale Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gratham Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gratham Close |