£304,060
This estimated value is based upon the latest sale price for the house of £238,500 on 10 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 |
|---|---|
| £238,500 | 10 Jul 2017 |
| £69,950 | 31 May 1995 |
| £65,000 | 12 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,327 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 £238,500 results in an estimated price of approximately £304,060.
| 10 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £238,500 | £65,560 | £304,060 |
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 | 3.563 % | £8,497 | £246,997 |
| 3 Month Average | 40.468 % | £96,517 | £335,017 |
| 6 Month Average | 32.783 % | £78,187 | £316,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £456,762 | £450,000 | 11 SCOTT CLOSE |
| 17 Nov 2023 | £456,762 | £450,000 | 35 WOODHALL ROAD |
| 28 Jul 2023 | £324,366 | £320,000 | 7 SCOTT CLOSE |
| 28 Jul 2023 | £288,888 | £285,000 | 42 PINFOLD LANE |
| 25 Jan 2023 | £263,758 | £265,000 | 74 LYTTON AVENUE |
This house has a floor area of 123 sq meters or 1,327 sq feet when measured on 17 Apr 2009. Using an estimated price of £304,061 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on PINFOLD LANE is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Scott Avenue |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Scott Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scott Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Scott Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodhall Road |