£271,344
This estimated value is based upon the latest sale price for the house of £162,500 on 4 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £162,500 | 4 Dec 2012 |
| £94,950 | 17 Apr 2000 |
| £87,000 | 30 Jul 1999 |
| £68,000 | 20 Jun 1996 |
| £76,000 | 9 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 December 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.981%.Applying this 66.981% change to the original purchase price of £162,500 results in an estimated price of approximately £271,344.
| 4 Dec 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 146.7 | 66.981 % | £162,500 | £108,844 | £271,344 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 13.132 % | £21,339 | £183,839 |
| 3 Month Average | 52.621 % | £85,509 | £248,009 |
| 6 Month Average | 62.396 % | £101,393 | £263,893 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 4 Jul 2012.
The average size of a house on FERNWOODS is 118 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Poplarwoods |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmwoods |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Kettles Wood Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Kettles Wood Drive |
| Mar 2024 | Other theft | Under investigation | On or near Clapgate Lane |