£513,135
This estimated value is based upon the latest sale price for the house of £302,000 on 2 Mar 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £302,000 | 2 Mar 2010 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,611 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 March 2010 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £302,000 results in an estimated price of approximately £513,135.
| 2 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.912 % | £302,000 | £211,135 | £513,135 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 17.116 % | £51,689 | £353,689 |
| 3 Month Average | -15.706 % | £-47,432 | £254,567 |
| 6 Month Average | 20.555 % | £62,075 | £364,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £331,904 | £329,000 | 51 LIGHTHORNE ROAD |
| 31 Mar 2023 | £590,564 | £585,000 | 48 FERNDOWN ROAD |
| 27 May 2022 | £611,523 | £600,000 | 171 BURYFIELD ROAD |
| 16 May 2022 | £535,592 | £525,500 | 121 SEVEN STAR ROAD |
| 7 Mar 2022 | £559,582 | £540,000 | 157 SEVEN STAR ROAD |
This house has a floor area of 149 sq meters or 1,611 sq feet when measured on 7 Nov 2009. Using an estimated price of £513,136 means this house is valued at £3,428 per sq meter (£318 per sq foot).
The average size of a house on FERNDOWN ROAD is 147 sq meters (1,582 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodfield Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lighthorne Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Lighthorne Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lighthorne Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lighthorne Road |