£228,061
This estimated value is based upon the latest sale price for the house of £117,000 on 30 Jul 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £117,000 | 30 Jul 2004 |
| £117,000 | 30 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 878 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 2004 the House Price Index for WEST MIDLANDS was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £117,000 results in an estimated price of approximately £228,061.
| 30 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £117,000 | £111,061 | £228,061 |
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 | 41.786 % | £48,889 | £165,889 |
| 3 Month Average | 51.289 % | £60,007 | £177,007 |
| 6 Month Average | 72.320 % | £84,614 | £201,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £134,491 | £132,500 | 36 PEDMORE ROAD |
| 30 Aug 2023 | £98,865 | £98,000 | 45 PEDMORE ROAD |
| 30 Jun 2023 | £104,263 | £103,000 | 38 PEDMORE ROAD |
| 1 Mar 2023 | £140,322 | £139,000 | 72 PEDMORE ROAD |
| 18 Nov 2022 | £276,649 | £280,000 | 83 PEDMORE ROAD |
This house has a floor area of 81 sq meters or 878 sq feet when measured on 14 Aug 2010. Using an estimated price of £228,061 means this house is valued at £2,795 per sq meter (£259 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Overman Close |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Overman Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hay Green |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shepherds Brook Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Cemetery Road |