£154,000
This estimated value is based upon the latest sale price for the house of £51,000 on 28 Mar 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£51,000 | 28 Mar 2002 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 March 2002 the House Price Index for WEST MIDLANDS was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £51,000 results in an estimated price of approximately £154,000.
28 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.2 | 148.6 | 201.961 % | £51,000 | £103,000 | £154,000 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 84.666 % | £43,179 | £94,179 |
3 Month Average | 188.438 % | £96,103 | £147,103 |
6 Month Average | 237.106 % | £120,924 | £171,924 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Mar 2023 | £156,979 | £155,500 | 9 LELLOW STREET |
5 Jan 2022 | £263,102 | £250,000 | 1 JUBILEE AVENUE |
15 Oct 2021 | £184,782 | £167,000 | 32 LELLOW STREET |
20 Sep 2021 | £186,424 | £173,000 | 3 MONMOUTH DRIVE |
29 Jun 2021 | £155,574 | £145,000 | 17 WYNTOR LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 10 Nov 2013. Using an estimated price of £154,000 means this house is valued at £2,000 per sq meter (£185 per sq foot).
The average size of a house on WILLS AVENUE is 102 sq meters (1,108 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wills Avenue |
Feb 2024 | Anti-social behaviour | On or near Wills Avenue | |
Feb 2024 | Anti-social behaviour | On or near Wills Avenue | |
Feb 2024 | Robbery | Under investigation | On or near Wills Avenue |
Feb 2024 | Anti-social behaviour | On or near Wills Avenue |