£69,805
This estimated value is based upon the latest sale price for the house of £56,500 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £56,500 | 14 Jun 2019 |
| £58,000 | 8 Feb 2017 |
| £47,000 | 13 Feb 2014 |
| £75,000 | 10 Mar 2006 |
| £61,500 | 9 May 2005 |
| £29,000 | 28 Mar 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 June 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £56,500 results in an estimated price of approximately £69,805.
| 14 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £56,500 | £13,305 | £69,805 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 92.810 % | £52,437 | £108,937 |
| 3 Month Average | 34.998 % | £19,773 | £76,273 |
| 6 Month Average | 34.146 % | £19,292 | £75,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £211,195 | £207,500 | 32 EDENBRIDGE VIEW |
| 15 Dec 2023 | £366,411 | £360,000 | 95 LAKE STREET |
| 25 Aug 2023 | £181,589 | £180,000 | 73 LAKE STREET |
| 17 Feb 2023 | £89,890 | £89,950 | FLAT 4 HILL TOP COURT PEAK DRIVE |
| 27 Jan 2023 | £92,066 | £92,500 | 14 KIRBY DRIVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 9 Oct 2012. Using an estimated price of £69,805 means this house is valued at £1,183 per sq meter (£109 per sq foot).
The average size of a house on PEAK DRIVE is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Peak Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peak Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peak Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peak Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Peak Drive |