£256,605
This estimated value is based upon the latest sale price for the house of £55,000 on 30 Oct 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £55,000 | 30 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £55,000 results in an estimated price of approximately £256,605.
| 30 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £55,000 | £201,605 | £256,605 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 224.372 % | £123,404 | £178,404 |
| 3 Month Average | 352.352 % | £193,793 | £248,793 |
| 6 Month Average | 375.729 % | £206,650 | £261,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £180,000 | £180,000 | 5 CASTLEFORD GROVE |
| 30 Nov 2023 | £184,688 | £180,000 | 55 CASTLEFORD ROAD |
| 30 Oct 2023 | £230,229 | £225,000 | 54 CASTLEFORD ROAD |
| 27 Oct 2023 | £199,532 | £195,000 | 22 FERNLEY ROAD |
| 31 May 2022 | £180,708 | £176,000 | 11 CASTLEFORD GROVE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 24 Oct 2015. Using an estimated price of £256,605 means this house is valued at £1,699 per sq meter (£157 per sq foot).
The average size of a house on FERNLEY ROAD is 117 sq meters (1,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Castleford Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castleford Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castleford Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Castleford Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castleford Road |