£122,987
This estimated value is based upon the latest sale price for the house of £100,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£100,000 | 21 Sep 2018 |
Semi-Detached |
Freehold |
Floor Area: 123 sq meters or 1,323 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 September 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £100,000 results in an estimated price of approximately £122,987.
21 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.0 | 22.988 % | £100,000 | £22,987 | £122,987 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 29.285 % | £29,285 | £129,285 |
3 Month Average | 12.409 % | £12,408 | £112,408 |
6 Month Average | 16.525 % | £16,525 | £116,525 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £178,289 | £176,000 | 17 CARSHALTON GROVE |
24 Jul 2023 | £166,576 | £165,000 | 51 CARSHALTON GROVE |
3 Apr 2023 | £132,485 | £131,500 | 65 CARSHALTON GROVE |
25 Nov 2022 | £182,048 | £185,000 | 2 POND CRESCENT |
13 Jun 2022 | £116,177 | £115,000 | 2 BANSTEAD CLOSE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 17 Aug 2018. Using an estimated price of £122,988 means this house is valued at £999 per sq meter (£92 per sq foot).
The average size of a house on POND CRESCENT is 133 sq meters (1,442 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Robbery | Unable to prosecute suspect | On or near Pond Crescent |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Howell Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Howell Road |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kent Road |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Kent Road |