£106,060
This estimated value is based upon the latest sale price for the house of £72,500 on 8 Jun 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £72,500 | 8 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2015 the House Price Index for WEST MIDLANDS was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £72,500 results in an estimated price of approximately £106,060.
| 8 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £72,500 | £33,560 | £106,060 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 11.523 % | £8,353 | £80,853 |
| 3 Month Average | 49.332 % | £35,765 | £108,265 |
| 6 Month Average | 60.784 % | £44,068 | £116,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £187,887 | £185,000 | 8 OLD FALLINGS CRESCENT |
| 8 Mar 2024 | £152,341 | £150,000 | 19 FOURTH AVENUE |
| 28 Apr 2023 | £193,622 | £190,000 | 4 DICKINSON AVENUE |
| 9 Nov 2022 | £139,348 | £140,000 | 58 FOSTER ROAD |
| 10 Aug 2022 | £155,728 | £155,000 | 55 FOURTH AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 31 Mar 2015. Using an estimated price of £106,060 means this house is valued at £1,293 per sq meter (£120 per sq foot).
The average size of a house on FIRST AVENUE is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Fifth Avenue |
| May 2024 | Anti-social behaviour | On or near Fifth Avenue | |
| May 2024 | Anti-social behaviour | On or near Fifth Avenue | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fifth Avenue |
| May 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |