£147,696
This estimated value is based upon the latest sale price for the house of £87,500 on 1 Feb 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £87,500 | 1 Feb 2013 |
| £40,000 | 7 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 February 2013 the House Price Index for WEST MIDLANDS was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £87,500 results in an estimated price of approximately £147,696.
| 1 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £87,500 | £60,196 | £147,696 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 184.670 % | £161,586 | £249,086 |
| 3 Month Average | 83.348 % | £72,929 | £160,429 |
| 6 Month Average | 97.754 % | £85,534 | £173,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £189,551 | £187,000 | 7 RADLEY GROVE |
| 26 Jun 2023 | £177,146 | £175,000 | 262 ALWOLD ROAD |
| 28 Apr 2023 | £176,581 | £174,680 | 232 ALWOLD ROAD |
| 26 Apr 2023 | £92,496 | £91,500 | 92 BOTTETOURT ROAD |
| 27 Jan 2023 | £238,875 | £240,000 | 99 SWINFORD ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 1 May 2015. Using an estimated price of £147,696 means this house is valued at £2,546 per sq meter (£236 per sq foot).
The average size of a house on PENNANT GROVE is 71 sq meters (766 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Awaiting court outcome | On or near Pennant Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Monkton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monkton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monkton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bottetourt Road |