£228,248
This estimated value is based upon the latest sale price for the house of £127,500 on 24 Feb 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £127,500 | 24 Feb 2006 |
| £90,000 | 5 Sep 2003 |
| £60,000 | 24 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 February 2006 the House Price Index for WEST MIDLANDS was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £127,500 results in an estimated price of approximately £228,248.
| 24 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £127,500 | £100,748 | £228,248 |
The Postcode Pricing Model uses changes in average sales price within the WV9 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 | -44.724 % | £-57,022 | £70,477 |
| 3 Month Average | 52.253 % | £66,622 | £194,122 |
| 6 Month Average | 74.180 % | £94,579 | £222,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £242,371 | £238,000 | 3 MARHOLM CLOSE |
| 7 Sep 2022 | £194,870 | £195,000 | 12 TIFFANY LANE |
| 24 Jun 2022 | £121,088 | £118,500 | 15 MARHOLM CLOSE |
| 31 Mar 2022 | £177,469 | £170,000 | 29 LEYBOURNE CRESCENT |
| 4 Feb 2022 | £110,928 | £105,000 | 16 LEYBOURNE CRESCENT |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Jul 2014. Using an estimated price of £228,248 means this house is valued at £3,622 per sq meter (£336 per sq foot).
The average size of a house on SONNING DRIVE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Tiffany Lane | |
| Jun 2024 | Anti-social behaviour | On or near Tiffany Lane | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near The Droveway |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pagham Close |
| Jul 2024 | Anti-social behaviour | On or near Pagham Close |