£334,077
This estimated value is based upon the latest sale price for the house of £265,000 on 10 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £265,000 | 10 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £265,000 results in an estimated price of approximately £334,077.
| 10 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £265,000 | £69,077 | £334,077 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 40.520 % | £107,377 | £372,377 |
| 3 Month Average | 1.874 % | £4,965 | £269,965 |
| 6 Month Average | 5.775 % | £15,304 | £280,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £349,230 | £345,000 | 1 WOOTTON ROAD |
| 20 May 2022 | £499,410 | £490,000 | 7 WHITEHOUSE AVENUE |
| 18 Feb 2022 | £379,627 | £362,000 | 16 CRANFORD ROAD |
| 9 Nov 2021 | £438,013 | £405,000 | 130 FINCHFIELD LANE |
| 6 Sep 2021 | £293,644 | £272,500 | 16 ADAMS ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 May 2017. Using an estimated price of £334,077 means this house is valued at £3,796 per sq meter (£352 per sq foot).
The average size of a house on FINCHFIELD LANE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Farm Meadow |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Adams Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farm Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Whitehouse Avenue |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Cranford Road |