£374,811
This estimated value is based upon the latest sale price for the house of £370,000 on 24 Nov 2023. 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 Denby Way
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Price Paid | Date |
---|---|
£370,000 | 24 Nov 2023 |
£295,995 | 12 Oct 2018 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 2023 the House Price Index for WEST MIDLANDS was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £370,000 results in an estimated price of approximately £374,811.
24 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.0 | 1.300 % | £370,000 | £4,811 | £374,811 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 7.365 % | £27,248 | £397,248 |
3 Month Average | -5.857 % | £-21,669 | £348,330 |
6 Month Average | -11.149 % | £-41,250 | £328,749 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £374,812 | £370,000 | 56 DENBY WAY |
12 Apr 2023 | £178,325 | £177,000 | 30 FIELDFARE CLOSE |
15 Jul 2022 | £349,528 | £350,000 | 85 DENBY WAY |
17 May 2022 | £301,481 | £297,000 | 77 DENBY WAY |
25 Mar 2022 | £268,340 | £260,000 | 68 DENBY WAY |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 5 Oct 2018. Using an estimated price of £374,812 means this house is valued at £3,438 per sq meter (£319 per sq foot).
The average size of a house on DENBY WAY is 99 sq meters (1,073 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Unable to prosecute suspect | On or near Denby Way |
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Denby Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Denby Way |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Denby Way |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Springfield Lane |