£220,091
This estimated value is based upon the latest sale price for the house of £50,000 on 30 Apr 1999. 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 Pennant Drive
More crime details
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| Price Paid | Date |
|---|---|
| £50,000 | 30 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,040 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 1999 the House Price Index for WEST MIDLANDS was 33.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 340.182%.Applying this 340.182% change to the original purchase price of £50,000 results in an estimated price of approximately £220,091.
| 30 Apr 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 146.7 | 340.182 % | £50,000 | £170,091 | £220,091 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 276.309 % | £138,154 | £188,154 |
| 3 Month Average | 200.444 % | £100,221 | £150,221 |
| 6 Month Average | 243.764 % | £121,881 | £171,881 |
This house has a floor area of 96 sq meters or 1,040 sq feet when measured on 24 Oct 2010.
The average size of a house on BANNERS LANE is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pennant Drive |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Pennant Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Batsman Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Century Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near The Infield |