£195,375
This estimated value is based upon the latest sale price for the house of £170,000 on 6 Jul 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 6 Jul 2021 |
| £115,000 | 25 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,025 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 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £170,000 results in an estimated price of approximately £195,375.
| 6 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £170,000 | £25,375 | £195,375 |
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 | 23.804 % | £40,467 | £210,467 |
| 3 Month Average | -7.497 % | £-12,745 | £157,254 |
| 6 Month Average | -9.627 % | £-16,365 | £153,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £275,000 | £275,000 | 5 THE SPINNEY |
| 29 Sep 2023 | £253,238 | £250,000 | 43 WHITE OAK DRIVE |
| 3 Feb 2023 | £349,765 | £350,000 | 2 THE SPINNEY |
| 28 Oct 2021 | £116,180 | £105,000 | FLAT 3 34 FINCHFIELD ROAD WEST |
| 30 Sep 2021 | £296,338 | £275,000 | 19 OAK HILL |
This house has a floor area of 95 sq meters or 1,025 sq feet when measured on 21 Apr 2009. Using an estimated price of £195,375 means this house is valued at £2,050 per sq meter (£190 per sq foot).
The average size of a house on FINCHFIELD HILL is 144 sq meters (1,555 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near The Terrace |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Terrace |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Burglary | Under investigation | On or near Supermarket |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |