£169,869
This estimated value is based upon the latest sale price for the house of £140,000 on 23 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 23 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £140,000 results in an estimated price of approximately £169,869.
| 23 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £140,000 | £29,869 | £169,869 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 33.555 % | £46,977 | £186,977 |
| 3 Month Average | 33.478 % | £46,869 | £186,869 |
| 6 Month Average | 30.084 % | £42,116 | £182,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £163,500 | £163,500 | 42 BUSHEY FIELDS ROAD |
| 3 Apr 2024 | £181,577 | £180,000 | 73 PENSNETT ROAD |
| 16 Nov 2023 | £184,688 | £180,000 | 42 PENSNETT ROAD |
| 29 Sep 2023 | £191,215 | £187,000 | 220 STOURBRIDGE ROAD |
| 15 Jun 2023 | £121,434 | £119,000 | 8 THE OVAL |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 30 Aug 2019. Using an estimated price of £169,869 means this house is valued at £2,359 per sq meter (£219 per sq foot).
The average size of a house on PENSNETT ROAD is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Pensnett Road |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pensnett Road |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pensnett Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pensnett Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pensnett Road |