£386,808
This estimated value is based upon the latest sale price for the house of £385,000 on 12 Aug 2022. 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 Farnol Road
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| Price Paid | Date |
|---|---|
| £385,000 | 12 Aug 2022 |
| £290,000 | 15 May 2019 |
| £76,500 | 14 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 August 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £385,000 results in an estimated price of approximately £386,808.
| 12 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £385,000 | £1,808 | £386,808 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | -31.488 % | £-121,227 | £263,772 |
| 3 Month Average | -8.951 % | £-34,459 | £350,540 |
| 6 Month Average | 0.400 % | £1,540 | £386,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £300,000 | £300,000 | 24 FARNOL ROAD |
| 13 Dec 2023 | £273,401 | £265,000 | 45 VIBART ROAD |
| 8 Dec 2023 | £257,926 | £250,000 | 44 FARNOL ROAD |
| 1 Dec 2023 | £340,462 | £330,000 | 17 VIBART ROAD |
| 30 Nov 2023 | £271,902 | £265,000 | 73 VIBART ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 1 Aug 2018. Using an estimated price of £386,809 means this house is valued at £3,987 per sq meter (£370 per sq foot).
The average size of a house on VIBART ROAD is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Farnol Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farnol Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vibart Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranfield Grove |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Charlbury Crescent |