£135,430
This estimated value is based upon the latest sale price for the house of £118,000 on 4 Dec 2020. 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 Pennant Drive
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| Price Paid | Date |
|---|---|
| £118,000 | 4 Dec 2020 |
| £87,950 | 19 Dec 2008 |
| £100,500 | 17 Jan 2005 |
| £53,500 | 17 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 810 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 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £118,000 results in an estimated price of approximately £135,430.
| 4 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £118,000 | £17,430 | £135,430 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 15.830 % | £18,679 | £136,679 |
| 3 Month Average | -5.418 % | £-6,392 | £111,607 |
| 6 Month Average | 8.977 % | £10,593 | £128,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £151,943 | £150,000 | 50 BANNERS STREET |
| 20 Jul 2023 | £185,497 | £183,000 | 47 BANNERS STREET |
| 28 Jul 2022 | £205,553 | £205,000 | 25A BANNERS LANE |
| 18 Jul 2022 | £172,464 | £172,000 | 30 BANNERS STREET |
| 6 Jul 2022 | £187,505 | £187,000 | 11 BANNERS LANE |
This house has a floor area of 75 sq meters or 810 sq feet when measured on 28 Feb 2012. Using an estimated price of £135,430 means this house is valued at £1,797 per sq meter (£167 per sq foot).
The average size of a house on BANNERS STREET is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pennant Drive |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Pennant Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Colman Hill Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Colman Hill Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Batsman Close |