£82,442
This estimated value is based upon the latest sale price for the house of £81,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£81,000 | 1 Dec 2023 |
£86,000 | 31 Jul 2015 |
£74,450 | 8 Mar 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 2023 the House Price Index for WEST MIDLANDS was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £81,000 results in an estimated price of approximately £82,442.
1 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.0 | 148.6 | 1.781 % | £81,000 | £1,442 | £82,442 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 67.088 % | £54,341 | £135,341 |
3 Month Average | 8.038 % | £6,510 | £87,510 |
6 Month Average | 6.861 % | £5,557 | £86,557 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £82,442 | £81,000 | FLAT 15 PENDENE COURT, 253 PENN ROAD |
19 Apr 2023 | £96,034 | £95,000 | FLAT 7 PENDENE COURT, 253 PENN ROAD |
31 Mar 2023 | £85,808 | £85,000 | FLAT 37 PENDENE COURT, 253 PENN ROAD |
31 Mar 2023 | £93,380 | £92,500 | FLAT 24 PENDENE COURT, 253 PENN ROAD |
30 Mar 2023 | £121,141 | £120,000 | FLAT 10 PENDENE COURT, 253 PENN ROAD |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 9 May 2013. Using an estimated price of £82,442 means this house is valued at £2,228 per sq meter (£207 per sq foot).
The average size of a house on PENN ROAD is 93 sq meters (1,009 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bromley Place |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Bromley Place |
Jan 2024 | Other theft | Under investigation | On or near Bromley Place |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bromley Place |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Appleton Crescent |