£347,150
This estimated value is based upon the latest sale price for the house of £92,500 on 29 Jun 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £92,500 | 29 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 2000 the House Price Index for WEST MIDLANDS was 39.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 275.298%.Applying this 275.298% change to the original purchase price of £92,500 results in an estimated price of approximately £347,150.
| 29 Jun 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 148.6 | 275.298 % | £92,500 | £254,650 | £347,150 |
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 | 184.076 % | £170,270 | £262,770 |
| 3 Month Average | 316.710 % | £292,957 | £385,457 |
| 6 Month Average | 327.689 % | £303,112 | £395,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £93,000 | £93,000 | 26 STATION ROAD |
| 6 Sep 2023 | £607,771 | £600,000 | 5 SEDGE AVENUE |
| 7 Aug 2023 | £514,501 | £510,000 | 50 MIDDLETON HALL ROAD |
| 30 Jun 2023 | £87,055 | £86,000 | 54 WINGATE CLOSE |
| 7 Jun 2023 | £512,711 | £506,500 | 39 CAMP LANE |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 1 May 2012. Using an estimated price of £347,151 means this house is valued at £2,018 per sq meter (£187 per sq foot).
The average size of a house on SEDGE AVENUE is 155 sq meters (1,668 sq feet).
This house is the largest in the street with a floor area of 172 sq meters (1,851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sedge Avenue |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Sedge Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Kings Norton |