£172,850
This estimated value is based upon the latest sale price for the house of £100,000 on 25 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 25 Aug 2011 |
| £125,000 | 28 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £100,000 results in an estimated price of approximately £172,850.
| 25 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £100,000 | £72,850 | £172,850 |
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 | 43.756 % | £43,755 | £143,755 |
| 3 Month Average | 57.922 % | £57,921 | £157,921 |
| 6 Month Average | 52.340 % | £52,339 | £152,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £131,774 | £130,000 | 21 REEDHAM GARDENS |
| 31 Mar 2023 | £284,682 | £282,000 | 72 CANTERBURY ROAD |
| 14 Oct 2022 | £178,083 | £180,000 | 208 PINFOLD LANE |
| 3 Aug 2022 | £154,584 | £155,000 | 7 REEDHAM GARDENS |
| 19 Apr 2022 | £156,529 | £152,000 | 12 REEDHAM GARDENS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 31 Jul 2014. Using an estimated price of £172,850 means this house is valued at £2,033 per sq meter (£188 per sq foot).
The average size of a house on WALDEN GARDENS is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Reedham Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reedham Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reedham Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Reedham Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Billy Wright Close |