£232,048
This estimated value is based upon the latest sale price for the house of £174,995 on 19 Aug 2016. 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 |
---|---|
£174,995 | 19 Aug 2016 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.603%.Applying this 32.603% change to the original purchase price of £174,995 results in an estimated price of approximately £232,048.
19 Aug 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.0 | 32.603 % | £174,995 | £57,053 | £232,048 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 43.846 % | £76,727 | £251,722 |
3 Month Average | 43.532 % | £76,179 | £251,174 |
6 Month Average | 38.532 % | £67,429 | £242,424 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £136,289 | £135,000 | 22 DIBBLE CLOSE |
11 Jul 2023 | £176,671 | £175,000 | 45 PENNINE WAY |
24 Mar 2023 | £361,957 | £360,000 | 43 ENSBURY CLOSE |
31 Jan 2023 | £82,773 | £83,500 | 42 DIBBLE CLOSE |
22 Jun 2022 | £238,416 | £236,000 | 1 SPINDLE TREE RISE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Nov 2015. Using an estimated price of £232,049 means this house is valued at £2,795 per sq meter (£259 per sq foot).
The average size of a house on PENNINE WAY is 86 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mendips Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mendips Close |
Feb 2024 | Public order | Under investigation | On or near Mendips Close |
Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Pennine Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennine Way |