£241,732
This estimated value is based upon the latest sale price for the house of £247,500 on 21 Oct 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £247,500 | 21 Oct 2022 |
| £165,000 | 2 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 October 2022 the House Price Index for WEST MIDLANDS was 150.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.330%.Applying this -2.330% change to the original purchase price of £247,500 results in an estimated price of approximately £241,732.
| 21 Oct 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 146.7 | -2.330 % | £247,500 | £-5,767 | £241,732 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -57.909 % | £-143,325 | £104,174 |
| 3 Month Average | -17.534 % | £-43,396 | £204,103 |
| 6 Month Average | -8.300 % | £-20,542 | £226,957 |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 25 Sep 2014.
The average size of a house on FERN ROAD is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fern Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fern Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Road |