£2,052,888
This estimated value is based upon the latest sale price for the house of £335,000 on 26 Jul 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £335,000 | 26 Jul 2024 |
| £250,000 | 11 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,421 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 July 2024 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £335,000 results in an estimated price of approximately £2,052,888.
| 26 Jul 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £335,000 | £1,717,888 | £2,052,888 |
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 | -38.481 % | £-128,912 | £206,087 |
| 3 Month Average | -21.693 % | £-72,672 | £262,327 |
| 6 Month Average | 12.859 % | £43,077 | £378,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £359,116 | £350,000 | 5 THE FOLD |
| 15 Sep 2023 | £472,925 | £462,500 | 1 CHURCH HILL |
| 18 Aug 2023 | £290,235 | £285,000 | 9 CHURCH HILL |
| 15 Jun 2023 | £257,153 | £252,000 | 39 LANCASTER GARDENS |
| 10 Aug 2022 | £251,174 | £250,000 | 434C PENN ROAD |
This house has a floor area of 132 sq meters or 1,421 sq feet when measured on 10 Mar 2011.
The average size of a house on PENN ROAD is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Woodlands Cottages |
| Oct 2024 | Shoplifting | Under investigation | On or near Woodlands Cottages |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodlands Cottages |
| Oct 2024 | Shoplifting | Under investigation | On or near Woodlands Cottages |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Woodlands Cottages |