£420,711
This estimated value is based upon the latest sale price for the house of £249,000 on 18 Apr 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Cochrane Close
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| Price Paid | Date |
|---|---|
| £249,000 | 18 Apr 2013 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 April 2013 the House Price Index for WEST MIDLANDS was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £249,000 results in an estimated price of approximately £420,711.
| 18 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £249,000 | £171,711 | £420,711 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 126.627 % | £315,300 | £564,300 |
| 3 Month Average | 54.674 % | £136,138 | £385,138 |
| 6 Month Average | 59.167 % | £147,325 | £396,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £425,000 | £425,000 | 18 FERNDALE PARK |
| 24 May 2024 | £511,000 | £511,000 | 9 FERNDALE PARK |
| 6 Oct 2023 | £575,061 | £562,000 | 58 FERNDALE PARK |
| 14 Apr 2023 | £439,215 | £431,000 | 346 HAGLEY ROAD |
| 15 Feb 2023 | £519,973 | £516,500 | 343 HAGLEY ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 20 Nov 2012. Using an estimated price of £420,711 means this house is valued at £2,921 per sq meter (£271 per sq foot).
The average size of a house on COCHRANE CLOSE is 153 sq meters (1,655 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Burglary | Investigation complete; no suspect identified | On or near Cochrane Close |
| Nov 2024 | Other crime | Investigation complete; no suspect identified | On or near Round Hill Avenue |
| Sep 2024 | Burglary | Under investigation | On or near Lychgate Avenue |
| Oct 2024 | Other theft | Under investigation | On or near Wychbold Court |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Polo Fields |