£235,408
This estimated value is based upon the latest sale price for the house of £190,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Edward Road
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| Price Paid | Date |
|---|---|
| £190,000 | 26 Jan 2018 |
| £150,000 | 18 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £190,000 results in an estimated price of approximately £235,408.
| 26 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £190,000 | £45,408 | £235,408 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 8.330 % | £15,826 | £205,826 |
| 3 Month Average | 19.630 % | £37,297 | £227,297 |
| 6 Month Average | 23.565 % | £44,773 | £234,773 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Nov 2015.
The average size of a house on PENNY PARK LANE is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edward Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edward Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Edward Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Malmesbury Road |