£223,432
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Mar 2024. 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 Nanaimo Way
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| Price Paid | Date |
|---|---|
| £220,000 | 5 Mar 2024 |
| £172,500 | 26 Jun 2020 |
| £110,000 | 7 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2024 the House Price Index for WEST MIDLANDS was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £220,000 results in an estimated price of approximately £223,432.
| 5 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £220,000 | £3,432 | £223,432 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | 135.100 % | £297,219 | £517,219 |
| 3 Month Average | 23.078 % | £50,772 | £270,772 |
| 6 Month Average | 6.832 % | £15,029 | £235,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £223,433 | £220,000 | 79 NANAIMO WAY |
| 24 Nov 2023 | £230,860 | £225,000 | 117 NANAIMO WAY |
| 15 Nov 2023 | £169,297 | £165,000 | 47 MARLEY ROAD |
| 20 Jan 2023 | £235,630 | £235,000 | 12 MARLEY ROAD |
| 12 Sep 2022 | £224,850 | £225,000 | 10 NANAIMO WAY |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 May 2017. Using an estimated price of £223,433 means this house is valued at £3,238 per sq meter (£300 per sq foot).
The average size of a house on NANAIMO WAY is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Nanaimo Way | |
| Jul 2024 | Anti-social behaviour | On or near Nanaimo Way | |
| Jul 2024 | Anti-social behaviour | On or near Nanaimo Way | |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Nanaimo Way |
| Sep 2024 | Vehicle crime | Awaiting court outcome | On or near Dingle Road |