£368,790
This estimated value is based upon the latest sale price for the house of £197,950 on 6 May 2005. 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 |
|---|---|
| £197,950 | 6 May 2005 |
| £64,000 | 15 Nov 1996 |
| Semi-Detached |
| Freehold |
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 May 2005 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £197,950 results in an estimated price of approximately £368,790.
| 6 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £197,950 | £170,840 | £368,790 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 28.678 % | £56,768 | £254,718 |
| 3 Month Average | 87.038 % | £172,291 | £370,241 |
| 6 Month Average | 61.283 % | £121,309 | £319,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £386,888 | £375,000 | 71 PENNHOUSE AVENUE |
| 6 Jun 2023 | £408,180 | £400,000 | 3 OSBORNE ROAD |
| 24 Jan 2023 | £350,938 | £350,000 | 29 PENNHOUSE AVENUE |
| 30 Nov 2022 | £253,813 | £255,000 | 89 PENNHOUSE AVENUE |
| 4 Nov 2022 | £318,511 | £320,000 | 53 PENNHOUSE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Wells Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennhouse Avenue |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashley Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Grosvenor Park |