£399,911
This estimated value is based upon the latest sale price for the house of £325,000 on 13 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £325,000 | 13 Jun 2019 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 June 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £325,000 results in an estimated price of approximately £399,911.
| 13 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £325,000 | £74,911 | £399,911 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -49.335 % | £-160,340 | £164,659 |
| 3 Month Average | 17.778 % | £57,778 | £382,778 |
| 6 Month Average | 10.983 % | £35,693 | £360,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £168,182 | £165,000 | 9 FINCHFIELD ROAD |
| 24 Feb 2023 | £435,440 | £437,500 | 1 SUSSEX DRIVE |
| 18 Oct 2022 | £133,023 | £135,000 | 10 ABBOTS WAY |
| 7 Jan 2022 | £382,578 | £365,000 | 23 BANTOCK GARDENS |
| 4 Nov 2021 | £398,544 | £370,000 | 40 BANTOCK GARDENS |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 7 Jun 2018. Using an estimated price of £399,912 means this house is valued at £3,508 per sq meter (£325 per sq foot).
The average size of a house on SUSSEX DRIVE is 159 sq meters (1,715 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Finchfield Road |
| Mar 2024 | Anti-social behaviour | On or near Finchfield Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finchfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Finchfield Road |
| Mar 2024 | Anti-social behaviour | On or near Finchfield Road |