£97,800
This estimated value is based upon the latest sale price for the house of £78,000 on 1 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £78,000 | 1 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 623 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £78,000 results in an estimated price of approximately £97,800.
| 1 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £78,000 | £19,800 | £97,800 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 0.152 % | £118 | £78,118 |
| 3 Month Average | 16.612 % | £12,957 | £90,957 |
| 6 Month Average | 27.178 % | £21,198 | £99,198 |
This house has a floor area of 57 sq meters or 623 sq feet when measured on 9 Sep 2011.
The average size of a house on PENDLEBURY CLOSE is 60 sq meters (652 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Pendlebury Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Ridgeway Court |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ridgeway Court |
| Jan 2024 | Anti-social behaviour | On or near Ridgeway Court | |
| Jan 2024 | Anti-social behaviour | On or near Ridgeway Court |