£462,147
This estimated value is based upon the latest sale price for the house of £362,500 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £362,500 | 21 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £362,500 results in an estimated price of approximately £462,147.
| 21 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £362,500 | £99,647 | £462,147 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -20.481 % | £-74,243 | £288,256 |
| 3 Month Average | -27.497 % | £-99,677 | £262,822 |
| 6 Month Average | -3.692 % | £-13,382 | £349,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £456,762 | £450,000 | 16 BRENTFORD ROAD |
| 14 Sep 2023 | £384,922 | £380,000 | 6 BRENTWOOD CLOSE |
| 30 Mar 2023 | £597,630 | £592,000 | 56 DANFORD LANE |
| 27 Jan 2023 | £1,094,843 | £1,100,000 | 79 DANFORD LANE |
| 14 Oct 2022 | £539,194 | £545,000 | 107 DANFORD LANE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Apr 2016. Using an estimated price of £462,147 means this house is valued at £5,251 per sq meter (£487 per sq foot).
The average size of a house on DANFORD LANE is 146 sq meters (1,580 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Danford Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Danford Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Danford Lane |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Brentwood Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Brentwood Close |