£157,362
This estimated value is based upon the latest sale price for the house of £113,000 on 4 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £113,000 | 4 Nov 2015 |
| £40,000 | 23 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 505 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £113,000 results in an estimated price of approximately £157,362.
| 4 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £113,000 | £44,362 | £157,362 |
The Postcode Pricing Model uses changes in average sales price within the WV9 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 | 74.871 % | £84,604 | £197,604 |
| 3 Month Average | 95.900 % | £108,366 | £221,366 |
| 6 Month Average | 66.292 % | £74,909 | £187,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £240,100 | £238,000 | 3 MARHOLM CLOSE |
| 7 Sep 2022 | £193,438 | £195,000 | 12 TIFFANY LANE |
| 31 Mar 2022 | £176,165 | £170,000 | 29 LEYBOURNE CRESCENT |
| 4 Feb 2022 | £110,113 | £105,000 | 16 LEYBOURNE CRESCENT |
| 31 Jan 2022 | £216,270 | £205,500 | 33 LEYBOURNE CRESCENT |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 15 May 2015. Using an estimated price of £157,362 means this house is valued at £3,348 per sq meter (£311 per sq foot).
The average size of a house on SONNING DRIVE is 85 sq meters (918 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leybourne Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tiffany Lane |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Tiffany Lane |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Pagham Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pagham Close |