£177,054
This estimated value is based upon the latest sale price for the house of £105,000 on 20 Mar 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 20 Mar 2013 |
| £72,500 | 23 May 2012 |
| £100,000 | 10 Feb 2006 |
| £40,000 | 1 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 611 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 March 2013 the House Price Index for WEST MIDLANDS was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £105,000 results in an estimated price of approximately £177,054.
| 20 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £105,000 | £72,054 | £177,054 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 77.894 % | £81,788 | £186,788 |
| 3 Month Average | 117.817 % | £123,708 | £228,708 |
| 6 Month Average | 107.123 % | £112,479 | £217,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £247,146 | £245,000 | 2 PETWORTH CLOSE |
| 19 Jun 2023 | £153,067 | £150,000 | 131 HAWKSWELL DRIVE |
| 14 Mar 2023 | £218,652 | £215,000 | 20 CROXLEY GARDENS |
| 13 Feb 2023 | £139,935 | £139,000 | 16 CAISTER DRIVE |
| 19 Oct 2022 | £249,168 | £250,000 | 152 HAWKSWELL DRIVE |
This house has a floor area of 56 sq meters or 611 sq feet when measured on 4 Feb 2011. Using an estimated price of £177,054 means this house is valued at £3,118 per sq meter (£289 per sq foot).
The average size of a house on PETWORTH CLOSE is 113 sq meters (1,220 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (611 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petworth Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Croxley Gardens |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Croxley Gardens |
| Aug 2024 | Vehicle crime | Under investigation | On or near Hathaway Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Longacre |