£163,818
This estimated value is based upon the latest sale price for the house of £104,550 on 29 Feb 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£104,550 | 29 Feb 2008 |
£63,000 | 26 Jul 2005 |
£22,620 | 17 Dec 2001 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 February 2008 the House Price Index for WEST MIDLANDS was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £104,550 results in an estimated price of approximately £163,818.
29 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 148.6 | 56.689 % | £104,550 | £59,268 | £163,818 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 29.530 % | £30,873 | £135,423 |
3 Month Average | 64.069 % | £66,983 | £171,533 |
6 Month Average | 65.831 % | £68,826 | £173,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £98,458 | £97,000 | 33 THOMSON AVENUE |
24 Jan 2023 | £189,109 | £190,000 | 78 VARDON WAY |
9 Sep 2022 | £202,366 | £204,000 | 15 PORTRUSH AVENUE |
15 Aug 2022 | £184,503 | £185,000 | 24 PAR GREEN |
20 Jul 2022 | £182,491 | £182,000 | 51 THOMSON AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 Oct 2018. Using an estimated price of £163,819 means this house is valued at £2,073 per sq meter (£192 per sq foot).
The average size of a house on PAR GREEN is 108 sq meters (1,162 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Par Green | |
Feb 2024 | Anti-social behaviour | On or near Par Green | |
Feb 2024 | Anti-social behaviour | On or near Par Green | |
Jan 2024 | Anti-social behaviour | On or near Par Green | |
Jan 2024 | Anti-social behaviour | On or near Par Green |