£360,844
This estimated value is based upon the latest sale price for the house of £335,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Ferndown Close
More crime details
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| Price Paid | Date |
|---|---|
| £335,000 | 19 Nov 2021 |
| £210,000 | 13 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £335,000 results in an estimated price of approximately £360,844.
| 19 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £335,000 | £25,844 | £360,844 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | -7.982 % | £-26,739 | £308,260 |
| 3 Month Average | -9.921 % | £-33,234 | £301,765 |
| 6 Month Average | 5.270 % | £17,654 | £352,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £251,530 | £250,000 | 7 FERNDOWN CLOSE |
| 11 Aug 2023 | £206,254 | £205,000 | 5 THE GLADE |
| 28 Jul 2023 | £222,101 | £220,000 | 9 ASHCOMBE DRIVE |
| 29 Jun 2023 | £247,003 | £245,000 | 11 FERNDOWN CLOSE |
| 29 Mar 2023 | £203,601 | £202,500 | 16 ASHCOMBE DRIVE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 20 May 2021. Using an estimated price of £360,844 means this house is valued at £3,137 per sq meter (£291 per sq foot).
The average size of a house on BROAD LANE is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Ferndown Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ferndown Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Staverton Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Staverton Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashcombe Drive |