£99,799
This estimated value is based upon the latest sale price for the house of £98,000 on 30 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£98,000 | 30 Aug 2023 |
£64,950 | 5 Jun 2003 |
£50,000 | 28 Jan 2002 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £98,000 results in an estimated price of approximately £99,799.
30 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £98,000 | £1,799 | £99,799 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 76.297 % | £74,770 | £172,770 |
3 Month Average | 11.716 % | £11,482 | £109,482 |
6 Month Average | 19.970 % | £19,570 | £117,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £195,000 | £195,000 | 9 HAY GREEN |
23 Nov 2023 | £135,951 | £132,500 | 36 PEDMORE ROAD |
12 Oct 2023 | £184,183 | £180,000 | 18 GREEN LANE |
18 Sep 2023 | £184,057 | £180,000 | 26 GREEN LANE |
30 Aug 2023 | £99,800 | £98,000 | 45 PEDMORE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Aug 2019. Using an estimated price of £99,800 means this house is valued at £1,348 per sq meter (£125 per sq foot).
The average size of a house on PEDMORE ROAD is 90 sq meters (970 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Violence and sexual offences | Under investigation | On or near Hay Green |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hay Green |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Overman Close |
Nov 2024 | Anti-social behaviour | On or near Shepherds Brook Road | |
Nov 2024 | Anti-social behaviour | On or near Shepherds Brook Road |