£468,121
This estimated value is based upon the latest sale price for the house of £262,500 on 18 Sep 2009. 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 Portchester Drive
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| Price Paid | Date |
|---|---|
| £262,500 | 18 Sep 2009 |
| £105,000 | 26 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 September 2009 the House Price Index for WEST MIDLANDS was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £262,500 results in an estimated price of approximately £468,121.
| 18 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £262,500 | £205,621 | £468,121 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 66.106 % | £173,528 | £436,028 |
| 3 Month Average | 38.451 % | £100,933 | £363,433 |
| 6 Month Average | 84.444 % | £221,666 | £484,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £274,057 | £270,000 | 28 HALECROFT AVENUE |
| 19 Jul 2023 | £304,093 | £300,000 | 39 HALECROFT AVENUE |
| 7 Jul 2023 | £212,865 | £210,000 | 10 DUKE STREET |
| 29 Jul 2022 | £200,540 | £200,000 | 63 BOLTON ROAD |
| 13 Apr 2022 | £183,304 | £178,000 | 158 NEACHELLS LANE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 26 Oct 2008. Using an estimated price of £468,122 means this house is valued at £4,034 per sq meter (£374 per sq foot).
The average size of a house on NEACHELLS LANE is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Portchester Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Halecroft Avenue |
| Mar 2024 | Anti-social behaviour | On or near Pinfold Gardens | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Pinfold Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pinfold Gardens |