£324,845
This estimated value is based upon the latest sale price for the house of £192,950 on 18 May 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £192,950 | 18 May 2012 |
| £74,500 | 13 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,218 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 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.357%.Applying this 68.357% change to the original purchase price of £192,950 results in an estimated price of approximately £324,845.
| 18 May 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.357 % | £192,950 | £131,895 | £324,845 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 52.094 % | £100,515 | £293,465 |
| 3 Month Average | 72.802 % | £140,471 | £333,421 |
| 6 Month Average | 98.206 % | £189,487 | £382,437 |
This house has a floor area of 113 sq meters or 1,218 sq feet when measured on 22 Feb 2012.
The average size of a house on PAGANEL DRIVE is 129 sq meters (1,389 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Paganel Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Woodland Avenue |
| Feb 2024 | Anti-social behaviour | On or near Woodland Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Woodland Avenue |