£231,960
This estimated value is based upon the latest sale price for the house of £48,000 on 19 Dec 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£48,000 | 19 Dec 1997 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 December 1997 the House Price Index for WEST MIDLANDS was 30.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 383.251%.Applying this 383.251% change to the original purchase price of £48,000 results in an estimated price of approximately £231,960.
19 Dec 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.4 | 146.7 | 383.251 % | £48,000 | £183,960 | £231,960 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 343.205 % | £164,738 | £212,738 |
3 Month Average | 288.718 % | £138,584 | £186,584 |
6 Month Average | 288.063 % | £138,270 | £186,270 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 4 Jun 2020.
The average size of a house on FERNDOWN CLOSE is 90 sq meters (974 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Fairlawns |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Ferndown Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ferndown Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgemore Close |
Mar 2024 | Drugs | Awaiting court outcome | On or near Ridgemore Close |