£341,420
This estimated value is based upon the latest sale price for the house of £274,000 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £274,000 | 10 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £274,000 results in an estimated price of approximately £341,420.
| 10 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £274,000 | £67,420 | £341,420 |
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 | 30.701 % | £84,120 | £358,120 |
| 3 Month Average | 27.316 % | £74,844 | £348,844 |
| 6 Month Average | 27.603 % | £75,631 | £349,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £306,762 | £300,000 | 6 GOSPORT ROAD |
| 15 Mar 2023 | £142,378 | £140,000 | 13 STATION STREET WEST |
| 9 Jan 2023 | £105,281 | £105,000 | 98 STATION STREET WEST |
| 21 Oct 2022 | £23,581 | £23,660 | 51 BLACKWELL ROAD |
| 5 Aug 2022 | £195,916 | £195,000 | 4 PENNINGTON WAY |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 3 Jul 2017. Using an estimated price of £341,420 means this house is valued at £2,217 per sq meter (£205 per sq foot).
The average size of a house on PENNINGTON WAY is 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Under investigation | On or near Station Street West |
| Jun 2024 | Anti-social behaviour | On or near Station Street West | |
| Jun 2024 | Anti-social behaviour | On or near Station Street West | |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Station Street West |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Northey Road |