£217,508
This estimated value is based upon the latest sale price for the house of £176,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £176,000 | 6 Dec 2019 |
| £112,500 | 25 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £176,000 results in an estimated price of approximately £217,508.
| 6 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £176,000 | £41,508 | £217,508 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 159.081 % | £279,983 | £455,983 |
| 3 Month Average | 52.442 % | £92,298 | £268,298 |
| 6 Month Average | 27.539 % | £48,468 | £224,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £225,730 | £220,000 | 24 WOODFIELD AVENUE |
| 6 Sep 2023 | £204,508 | £200,000 | 30 WOODFIELD AVENUE |
| 6 Mar 2023 | £279,671 | £275,000 | 24 CLAY LANE |
| 24 Feb 2023 | £226,513 | £225,000 | 2 WOODFIELD AVENUE |
| 16 Sep 2022 | £176,382 | £176,500 | 29 LANGLEY GREEN ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 May 2019. Using an estimated price of £217,509 means this house is valued at £2,390 per sq meter (£222 per sq foot).
The average size of a house on WOODFIELD AVENUE is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woodfield Avenue |
| Jul 2024 | Other crime | Under investigation | On or near Clay Lane |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Clay Lane |
| Jul 2024 | Anti-social behaviour | On or near Bridgewater Avenue | |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bridgewater Avenue |