£279,813
This estimated value is based upon the latest sale price for the house of £280,000 on 9 Sep 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
More crime details
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| Price Paid | Date |
|---|---|
| £280,000 | 9 Sep 2022 |
| Semi-Detached |
| Freehold |
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 September 2022 the House Price Index for WEST MIDLANDS was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £280,000 results in an estimated price of approximately £279,813.
| 9 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £280,000 | £-186 | £279,813 |
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 | 5.561 % | £15,571 | £295,571 |
| 3 Month Average | -2.967 % | £-8,308 | £271,691 |
| 6 Month Average | 3.676 % | £10,293 | £290,293 |
| 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 |
| 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 | Criminal damage and arson | Under investigation | On or near Sedgemere Road |
| Sep 2024 | Public order | Under investigation | On or near Sedgemere Road |