£405,097
This estimated value is based upon the latest sale price for the house of £333,000 on 16 Nov 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 Werneth Grove
More crime details
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| Price Paid | Date |
|---|---|
| £333,000 | 16 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £333,000 results in an estimated price of approximately £405,097.
| 16 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £333,000 | £72,097 | £405,097 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 12.618 % | £42,019 | £375,019 |
| 3 Month Average | 14.734 % | £49,064 | £382,064 |
| 6 Month Average | 29.201 % | £97,239 | £430,239 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 16 Mar 2018.
The average size of a house on FERNDOWN CLOSE is 130 sq meters (1,400 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Werneth Grove |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Nairn Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parking Area |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |