£248,913
This estimated value is based upon the latest sale price for the house of £235,000 on 4 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £235,000 | 4 Jun 2021 |
| £145,000 | 10 Jan 2017 |
| £140,000 | 14 Sep 2006 |
| £48,000 | 29 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £235,000 results in an estimated price of approximately £248,913.
| 4 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £235,000 | £13,913 | £248,913 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -7.292 % | £-17,135 | £217,864 |
| 3 Month Average | -25.065 % | £-58,902 | £176,097 |
| 6 Month Average | -4.843 % | £-11,381 | £223,618 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 17 Feb 2021.
The average size of a house on DENMEAD DRIVE is 108 sq meters (1,169 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Denmead Drive |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Meon Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Exton Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Exton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Townson Road |