£245,719
This estimated value is based upon the latest sale price for the house of £200,000 on 3 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£200,000 | 3 Dec 2018 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £200,000 results in an estimated price of approximately £245,719.
3 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.0 | 22.860 % | £200,000 | £45,719 | £245,719 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 3.183 % | £6,365 | £206,365 |
3 Month Average | 21.999 % | £43,998 | £243,998 |
6 Month Average | 21.367 % | £42,733 | £242,733 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £208,953 | £205,000 | 55 EDWARD ROAD |
25 Nov 2022 | £241,090 | £245,000 | 75 MALMESBURY ROAD |
21 Oct 2022 | £201,997 | £205,000 | 103 EDWARD ROAD |
5 Jul 2022 | £239,676 | £240,000 | 97 EDWARD ROAD |
15 Jun 2022 | £176,792 | £175,000 | 31 EDWARD ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 6 Apr 2018. Using an estimated price of £245,720 means this house is valued at £3,510 per sq meter (£326 per sq foot).
The average size of a house on PENNY PARK LANE is 104 sq meters (1,120 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Edward Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edward Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edward Road |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Malmesbury Road |