£578,707
This estimated value is based upon the latest sale price for the house of £465,000 on 1 Mar 2019. 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 Cochrane Close
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £465,000 | 1 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £465,000 results in an estimated price of approximately £578,707.
| 1 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £465,000 | £113,707 | £578,707 |
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 | 71.815 % | £333,938 | £798,938 |
| 3 Month Average | 32.923 % | £153,094 | £618,094 |
| 6 Month Average | 27.914 % | £129,801 | £594,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £425,000 | £425,000 | 18 FERNDALE PARK |
| 24 May 2024 | £511,000 | £511,000 | 9 FERNDALE PARK |
| 6 Oct 2023 | £575,061 | £562,000 | 58 FERNDALE PARK |
| 23 Aug 2023 | £674,159 | £662,000 | 29 FERNDALE PARK |
| 14 Apr 2023 | £439,215 | £431,000 | 346 HAGLEY ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 22 Nov 2018. Using an estimated price of £578,708 means this house is valued at £4,163 per sq meter (£386 per sq foot).
The average size of a house on PEDMORE HALL LANE is 282 sq meters (3,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Burglary | Investigation complete; no suspect identified | On or near Cochrane Close |
| Oct 2024 | Other theft | Under investigation | On or near Wychbold Court |
| Nov 2024 | Other crime | Investigation complete; no suspect identified | On or near Round Hill Avenue |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Roberts Lane |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Roberts Lane |