£158,245
This estimated value is based upon the latest sale price for the house of £156,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£156,000 | 12 Oct 2023 |
£175,000 | 10 Jan 2005 |
£146,000 | 30 Apr 2003 |
Flats/Maisonettes |
Leasehold |
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 October 2023 the House Price Index for WEST MIDLANDS was 145.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.439%.Applying this 1.439% change to the original purchase price of £156,000 results in an estimated price of approximately £158,245.
12 Oct 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 148.0 | 1.439 % | £156,000 | £2,245 | £158,245 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -37.705 % | £-58,819 | £97,180 |
3 Month Average | -5.443 % | £-8,491 | £147,508 |
6 Month Average | -7.552 % | £-11,780 | £144,219 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £175,593 | £175,000 | FLAT 21 THE GALLERY, 282 PENN ROAD |
15 Mar 2024 | £200,678 | £200,000 | FLAT 11 THE GALLERY, 282 PENN ROAD |
1 Dec 2023 | £82,562 | £81,000 | FLAT 15 PENDENE COURT, 253 PENN ROAD |
6 Jun 2023 | £214,741 | £213,000 | 3 MOUNT ROAD |
19 Apr 2023 | £95,711 | £95,000 | FLAT 7 PENDENE COURT, 253 PENN ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Jun 2019.
The average size of a house on PENN ROAD is 93 sq meters (1,009 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Penn Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penn Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Penn Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penn Road |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Penn Road |