£1,054,743
This estimated value is based upon the latest sale price for the house of £860,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £860,000 | 8 Nov 2019 |
| £495,549 | 26 Sep 2008 |
| £180,000 | 4 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 185 sq meters or 1,991 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £860,000 results in an estimated price of approximately £1,054,743.
| 8 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £860,000 | £194,743 | £1,054,743 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 24.313 % | £209,094 | £1,069,094 |
| 3 Month Average | -17.007 % | £-146,260 | £713,739 |
| 6 Month Average | -10.034 % | £-86,288 | £773,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £761,093 | £761,093 | 23 BRUETON AVENUE |
| 6 Apr 2023 | £1,415,238 | £1,400,000 | 24 BRUETON AVENUE |
| 17 Jan 2023 | £144,320 | £145,000 | FLAT 7 GUARDIAN COURT NEW ROAD |
| 11 Jul 2022 | £1,072,888 | £1,070,000 | 29 BRUETON AVENUE |
| 4 May 2022 | £856,132 | £840,000 | 7 BRUETON AVENUE |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 20 Jun 2019. Using an estimated price of £1,054,743 means this house is valued at £5,701 per sq meter (£529 per sq foot).
The average size of a house on PARK AVENUE is 220 sq meters (2,372 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Malvern Park Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Malvern Park Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near New Road |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near New Road |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near New Road |