£1,386,735
This estimated value is based upon the latest sale price for the house of £1,100,000 on 1 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £1,100,000 | 1 Nov 2017 |
| Freehold |
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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £1,100,000 results in an estimated price of approximately £1,386,735.
| 1 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £1,100,000 | £286,735 | £1,386,735 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 77.054 % | £847,591 | £1,947,591 |
| 3 Month Average | 31.681 % | £348,488 | £1,448,488 |
| 6 Month Average | 32.915 % | £362,062 | £1,462,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £182,705 | £180,000 | 30 NORBURY ROAD |
| 31 Mar 2023 | £158,998 | £157,500 | UNIT 16 FALLINGS PARK INDUSTRIAL ESTATE |
| 3 Feb 2023 | £169,886 | £170,000 | UNIT 13 FALLINGS PARK INDUSTRIAL ESTATE |
| 26 Apr 2022 | £136,963 | £133,000 | 5 KENNINGTON ROAD |
| 31 Mar 2022 | £131,087 | £126,500 | UNIT 5 FALLINGS PARK INDUSTRIAL ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Park Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kennington Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Eastcote Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burncross Way |