£261,227
This estimated value is based upon the latest sale price for the house of £210,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £210,000 | 22 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £210,000 results in an estimated price of approximately £261,227.
| 22 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £210,000 | £51,227 | £261,227 |
The Postcode Pricing Model uses changes in average sales price within the B5 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 | 6.587 % | £13,832 | £223,832 |
| 3 Month Average | -24.345 % | £-51,124 | £158,875 |
| 6 Month Average | -16.020 % | £-33,641 | £176,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2019 | £185,323 | £150,000 | APARTMENT A4 MADISON HOUSE, 94 WRENTHAM STREET |
| 26 Jun 2019 | £197,678 | £160,000 | APARTMENT A101 MADISON HOUSE, 94 WRENTHAM STREET |
| 17 Apr 2019 | £216,357 | £174,950 | APARTMENT C405 MADISON HOUSE, 92 WRENTHAM STREET |
| 17 Apr 2019 | £216,357 | £174,950 | APARTMENT A307 MADISON HOUSE, 94 WRENTHAM STREET |
| 29 Mar 2019 | £203,777 | £164,950 | APARTMENT A105 MADISON HOUSE, 94 WRENTHAM STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 20 Jul 2017. Using an estimated price of £261,228 means this house is valued at £2,396 per sq meter (£222 per sq foot).
The average size of a house on SOUTHACRE AVENUE is 119 sq meters (1,284 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Sugden Grove | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wrentham Street |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Wrentham Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrentham Street |