£129,382
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £130,000 | 28 Mar 2023 |
| £131,500 | 20 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 March 2023 the House Price Index for WEST MIDLANDS was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £130,000 results in an estimated price of approximately £129,382.
| 28 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £130,000 | £-617 | £129,382 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -83.805 % | £-108,946 | £21,053 |
| 3 Month Average | -27.108 % | £-35,240 | £94,759 |
| 6 Month Average | -5.810 % | £-7,552 | £122,447 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 3 Aug 2017.
The average size of a house on MALVERN DRIVE is 123 sq meters (1,323 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Malvern Drive | |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Malvern Drive |
| Jan 2024 | Anti-social behaviour | On or near Ledbury Drive | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Ledbury Drive |
| Jan 2024 | Anti-social behaviour | On or near Ledbury Drive |