£177,495
This estimated value is based upon the latest sale price for the house of £143,500 on 15 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £143,500 | 15 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £143,500 results in an estimated price of approximately £177,495.
| 15 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £143,500 | £33,995 | £177,495 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -2.928 % | £-4,201 | £139,298 |
| 3 Month Average | 21.404 % | £30,714 | £174,214 |
| 6 Month Average | 33.702 % | £48,361 | £191,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £238,206 | £235,000 | 58 PARK HALL ROAD |
| 2 Jun 2023 | £280,903 | £277,500 | 8 PARK HALL ROAD |
| 16 Jan 2023 | £246,837 | £248,000 | 24 FENMERE CLOSE |
| 28 Mar 2022 | £236,268 | £228,000 | 6 BROADSTONE CLOSE |
| 14 Mar 2022 | £238,340 | £230,000 | 3 SHERINGTON DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Jan 2017. Using an estimated price of £177,496 means this house is valued at £2,431 per sq meter (£225 per sq foot).
The average size of a house on FENMERE CLOSE is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Fenmere Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fenmere Close |
| Feb 2024 | Anti-social behaviour | On or near Linslade Close | |
| Feb 2024 | Anti-social behaviour | On or near Linslade Close | |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Herbhill Close |