£342,579
This estimated value is based upon the latest sale price for the house of £219,950 on 2 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £219,950 | 2 May 2014 |
| £200,000 | 1 Sep 2006 |
| £135,500 | 22 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £219,950 results in an estimated price of approximately £342,579.
| 2 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £219,950 | £122,629 | £342,579 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 94.333 % | £207,486 | £427,436 |
| 3 Month Average | 63.383 % | £139,409 | £359,359 |
| 6 Month Average | 53.231 % | £117,081 | £337,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £505,534 | £490,000 | 79 CAMERON ROAD |
| 21 Jun 2023 | £413,282 | £405,000 | 15 FERNLEIGH ROAD |
| 12 Aug 2022 | £324,015 | £322,500 | 2 STENCILLS DRIVE |
| 30 Sep 2021 | £309,387 | £285,000 | 27 ARGYLE ROAD |
| 24 Jan 2021 | £186,838 | £162,500 | APARTMENT 26 MELLISH PARK, 84 MELLISH ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 6 Aug 2013. Using an estimated price of £342,579 means this house is valued at £3,606 per sq meter (£335 per sq foot).
The average size of a house on FERNLEIGH ROAD is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fernleigh Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stencills Drive |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Stencills Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homestead Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Homestead Close |