£165,830
This estimated value is based upon the latest sale price for the house of £126,150 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £126,150 | 8 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £126,150 results in an estimated price of approximately £165,830.
| 8 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £126,150 | £39,680 | £165,830 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 5.317 % | £6,707 | £132,857 |
| 3 Month Average | 40.280 % | £50,813 | £176,963 |
| 6 Month Average | 46.490 % | £58,647 | £184,797 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 May 2016.
The average size of a house on FERN CLOSE is 131 sq meters (1,415 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paget Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paget Close |
| Feb 2024 | Anti-social behaviour | On or near Paget Close | |
| Feb 2024 | Anti-social behaviour | On or near Paget Close |