£215,631
This estimated value is based upon the latest sale price for the house of £160,000 on 18 Feb 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 18 Feb 2016 |
| £170,000 | 17 Dec 2008 |
| £43,000 | 16 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 February 2016 the House Price Index for WEST MIDLANDS was 108.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 34.770%.Applying this 34.770% change to the original purchase price of £160,000 results in an estimated price of approximately £215,631.
| 18 Feb 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 146.7 | 34.770 % | £160,000 | £55,631 | £215,631 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 64.420 % | £103,072 | £263,072 |
| 3 Month Average | 52.199 % | £83,518 | £243,518 |
| 6 Month Average | 40.679 % | £65,086 | £225,086 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 19 May 2015.
The average size of a house on PENN ROAD is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braden Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Braden Road |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Holden Road |
| Mar 2024 | Burglary | Under investigation | On or near Bryan Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hartill Road |