£157,326
This estimated value is based upon the latest sale price for the house of £107,000 on 29 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £107,000 | 29 May 2015 |
| £102,500 | 29 Sep 2006 |
| £45,000 | 28 Aug 1998 |
| £40,000 | 30 Aug 1995 |
| 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £107,000 results in an estimated price of approximately £157,326.
| 29 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £107,000 | £50,326 | £157,326 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 12.344 % | £13,207 | £120,207 |
| 3 Month Average | 30.499 % | £32,634 | £139,634 |
| 6 Month Average | 33.237 % | £35,563 | £142,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £143,254 | £140,000 | 285 HORDERN ROAD |
| 19 Sep 2023 | £242,342 | £237,000 | 59 FARNDALE AVENUE |
| 28 Apr 2023 | £188,526 | £185,000 | 51 GLAISDALE GARDENS |
| 14 Apr 2023 | £132,478 | £130,000 | 299 HORDERN ROAD |
| 21 Oct 2022 | £79,734 | £80,000 | 15C GIBBS STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 3 Feb 2016. Using an estimated price of £157,327 means this house is valued at £1,748 per sq meter (£162 per sq foot).
The average size of a house on FARNDALE AVENUE is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Firsbrook Close |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Firsbrook Close |
| Jul 2024 | Other theft | Under investigation | On or near Firsbrook Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Firsbrook Close |
| Jun 2024 | Vehicle crime | Under investigation | On or near Firsbrook Close |