£124,487
This estimated value is based upon the latest sale price for the house of £96,500 on 20 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £96,500 | 20 Jan 2017 |
| £92,500 | 10 Dec 2010 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 January 2017 the House Price Index for WEST MIDLANDS was 113.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.002%.Applying this 29.002% change to the original purchase price of £96,500 results in an estimated price of approximately £124,487.
| 20 Jan 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 146.7 | 29.002 % | £96,500 | £27,987 | £124,487 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 74.576 % | £71,965 | £168,465 |
| 3 Month Average | 45.728 % | £44,127 | £140,627 |
| 6 Month Average | 38.555 % | £37,205 | £133,705 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 10 Feb 2015.
The average size of a house on FARMHOUSE WAY is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harvesters Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harvesters Road |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Harvesters Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Harvesters Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Reapers Close |