£174,734
This estimated value is based upon the latest sale price for the house of £141,000 on 16 Jul 2018. 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 Farndale Avenue
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| Price Paid | Date |
|---|---|
| £141,000 | 16 Jul 2018 |
| £93,000 | 28 Apr 2011 |
| £73,000 | 24 Aug 2009 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 733 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 July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £141,000 results in an estimated price of approximately £174,734.
| 16 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £141,000 | £33,734 | £174,734 |
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 | 7.540 % | £10,630 | £151,630 |
| 3 Month Average | 24.597 % | £34,682 | £175,682 |
| 6 Month Average | 24.336 % | £34,314 | £175,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £175,000 | £175,000 | 79 FARNDALE AVENUE |
| 21 Jul 2023 | £145,711 | £143,750 | 47 FARNDALE AVENUE |
| 6 Apr 2023 | £167,301 | £165,500 | 20 FARNDALE AVENUE |
| 13 May 2022 | £188,553 | £185,000 | 54 FARNDALE AVENUE |
| 29 Mar 2022 | £183,418 | £177,000 | 148 HEN LANE |
This house has a floor area of 68 sq meters or 733 sq feet when measured on 13 Feb 2009. Using an estimated price of £174,735 means this house is valued at £2,565 per sq meter (£238 per sq foot).
The average size of a house on FARNDALE AVENUE is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Farndale Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farndale Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Farndale Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bransdale Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Langdale Avenue |