£194,723
This estimated value is based upon the latest sale price for the house of £148,500 on 19 Dec 2016. 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 Myrtle Avenue
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| Price Paid | Date |
|---|---|
| £148,500 | 19 Dec 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £148,500 results in an estimated price of approximately £194,723.
| 19 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £148,500 | £46,223 | £194,723 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | -13.484 % | £-20,023 | £128,476 |
| 3 Month Average | 6.201 % | £9,208 | £157,708 |
| 6 Month Average | 19.769 % | £29,357 | £177,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £266,406 | £263,000 | 27 HENLOW ROAD |
| 24 Jul 2023 | £243,274 | £240,000 | 48 MAYPOLE LANE |
| 10 Mar 2023 | £186,760 | £185,000 | 5 MYRTLE AVENUE |
| 22 Nov 2022 | £143,265 | £145,000 | 66 STOTFOLD ROAD |
| 30 Sep 2022 | £130,943 | £132,000 | 36 MAYPOLE CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 30 Nov 2016. Using an estimated price of £194,723 means this house is valued at £2,704 per sq meter (£251 per sq foot).
The average size of a house on HENLOW ROAD is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Local resolution | On or near Myrtle Avenue |
| Apr 2024 | Anti-social behaviour | On or near Maypole Close | |
| Mar 2024 | Anti-social behaviour | On or near Maypole Close | |
| Mar 2024 | Anti-social behaviour | On or near Maypole Close | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Maypole Close |