£407,339
This estimated value is based upon the latest sale price for the house of £390,000 on 16 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £390,000 | 16 Feb 2022 |
| £245,000 | 12 Feb 2015 |
| £200,000 | 24 Sep 2010 |
| £205,000 | 7 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £390,000 results in an estimated price of approximately £407,339.
| 16 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £390,000 | £17,339 | £407,339 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 4.889 % | £19,068 | £409,068 |
| 3 Month Average | -6.868 % | £-26,784 | £363,215 |
| 6 Month Average | 4.104 % | £16,007 | £406,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £371,000 | £371,000 | 24 VENTNOR ROAD |
| 18 Aug 2023 | £134,317 | £133,500 | 22 MOUNTJOY CRESCENT |
| 28 Jul 2023 | £340,723 | £337,500 | 47 HATCHFORD BROOK ROAD |
| 31 Aug 2022 | £337,718 | £340,000 | 41 HATCHFORD BROOK ROAD |
| 17 Jun 2022 | £358,635 | £355,000 | 4 VENTNOR ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 7 Jan 2015. Using an estimated price of £407,339 means this house is valued at £3,737 per sq meter (£347 per sq foot).
The average size of a house on VENTNOR ROAD is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ventnor Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mountjoy Crescent |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hatchford Brook Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hatchford Brook Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Studley Croft |