£116,004
This estimated value is based upon the latest sale price for the house of £80,000 on 17 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£80,000 | 17 Jul 2015 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £80,000 results in an estimated price of approximately £116,004.
17 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £80,000 | £36,004 | £116,004 |
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 | 60.710 % | £48,567 | £128,567 |
3 Month Average | 50.300 % | £40,239 | £120,239 |
6 Month Average | 52.222 % | £41,777 | £121,777 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £109,955 | £109,000 | 40 FARNDALE AVENUE |
20 Mar 2024 | £192,965 | £190,000 | 25 BRANSDALE AVENUE |
4 Mar 2024 | £177,731 | £175,000 | 79 FARNDALE AVENUE |
25 Aug 2023 | £259,684 | £255,000 | 139 HEN LANE |
6 Apr 2023 | £168,655 | £165,500 | 20 FARNDALE AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 8 Dec 2014. Using an estimated price of £116,005 means this house is valued at £1,414 per sq meter (£131 per sq foot).
The average size of a house on FARNDALE AVENUE is 76 sq meters (826 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Farndale Avenue |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Farndale Avenue |
Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Farndale Avenue |
Oct 2024 | Anti-social behaviour | On or near Bransdale Avenue | |
Jul 2024 | Other crime | Unable to prosecute suspect | On or near Bransdale Avenue |