£120,541
This estimated value is based upon the latest sale price for the house of £72,000 on 25 Jun 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £72,000 | 25 Jun 2010 |
| £79,950 | 14 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2010 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.419%.Applying this 67.419% change to the original purchase price of £72,000 results in an estimated price of approximately £120,541.
| 25 Jun 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.419 % | £72,000 | £48,541 | £120,541 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 29.288 % | £21,087 | £93,087 |
| 3 Month Average | 34.599 % | £24,911 | £96,911 |
| 6 Month Average | 43.823 % | £31,552 | £103,552 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 16 May 2016.
The average size of a house on PEDMORE ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mitre Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mitre Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |