£477,129
This estimated value is based upon the latest sale price for the house of £390,000 on 20 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £390,000 | 20 Jul 2018 |
| £170,000 | 25 Feb 2000 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.341%.Applying this 22.341% change to the original purchase price of £390,000 results in an estimated price of approximately £477,129.
| 20 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £390,000 | £87,129 | £477,129 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -33.255 % | £-129,693 | £260,306 |
| 3 Month Average | 21.280 % | £82,992 | £472,992 |
| 6 Month Average | 29.893 % | £116,584 | £506,584 |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 27 Feb 2016.
The average size of a house on FARRIER WAY is 193 sq meters (2,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farrier Way |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wheatridge Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wainwright Close |
| Mar 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |