£400,472
This estimated value is based upon the latest sale price for the house of £315,000 on 31 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £315,000 | 31 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 October 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £315,000 results in an estimated price of approximately £400,472.
| 31 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £315,000 | £85,472 | £400,472 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 25.478 % | £80,256 | £395,256 |
| 3 Month Average | 5.308 % | £16,721 | £331,721 |
| 6 Month Average | 17.418 % | £54,867 | £369,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £353,986 | £345,000 | 20 OLD FORDROVE |
| 23 Oct 2023 | £219,997 | £215,000 | 18 FARMERS CLOSE |
| 2 Mar 2023 | £355,944 | £350,000 | 33 OLD FORDROVE |
| 17 Feb 2023 | £355,374 | £353,000 | 3 HOMEWOOD CLOSE |
| 18 Jan 2023 | £345,924 | £345,000 | 34 PRESTON AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 10 Mar 2017. Using an estimated price of £400,473 means this house is valued at £3,640 per sq meter (£338 per sq foot).
The average size of a house on PRESTON AVENUE is 113 sq meters (1,226 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Fledburgh Drive |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fledburgh Drive |
| Apr 2024 | Anti-social behaviour | On or near Fledburgh Drive | |
| Apr 2024 | Anti-social behaviour | On or near Fledburgh Drive | |
| Apr 2024 | Anti-social behaviour | On or near Fledburgh Drive |