£343,328
This estimated value is based upon the latest sale price for the house of £276,000 on 12 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £276,000 | 12 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £276,000 results in an estimated price of approximately £343,328.
| 12 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £276,000 | £67,328 | £343,328 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 89.735 % | £247,667 | £523,667 |
| 3 Month Average | 30.986 % | £85,521 | £361,521 |
| 6 Month Average | 18.762 % | £51,783 | £327,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £580,000 | £580,000 | 87 YORK AVENUE |
| 23 Jan 2023 | £283,664 | £285,000 | 15 SYCAMORE DRIVE |
| 13 May 2022 | £147,785 | £145,000 | FLAT 4 WASHINGTON COURT FINCHFIELD ROAD WEST |
| 7 Mar 2022 | £364,764 | £352,000 | 7 FINCHDENE GROVE |
| 18 Feb 2022 | £125,843 | £120,000 | FLAT 5 WASHINGTON COURT FINCHFIELD ROAD WEST |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 13 Mar 2018. Using an estimated price of £343,328 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on FINCHDENE GROVE is 81 sq meters (878 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Finchdene Grove |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Finchdene Grove |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Finchdene Grove |
| Mar 2024 | Other crime | Under investigation | On or near York Crescent |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near York Crescent |