£411,593
This estimated value is based upon the latest sale price for the house of £240,000 on 5 Nov 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 5 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,827 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 November 2010 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £240,000 results in an estimated price of approximately £411,593.
| 5 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £240,000 | £171,593 | £411,593 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 324.810 % | £779,543 | £1,019,543 |
| 3 Month Average | 89.666 % | £215,197 | £455,197 |
| 6 Month Average | 107.947 % | £259,072 | £499,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £252,416 | £248,000 | 19 BROOK WAY |
| 26 Sep 2023 | £253,238 | £250,000 | 10 BARLEY ROAD |
| 26 Jul 2023 | £420,662 | £415,000 | 6 DEERS WAY |
| 27 May 2022 | £137,593 | £135,000 | 40 BREWERS SQUARE |
| 26 Apr 2022 | £417,069 | £405,000 | 9 BROOK WAY |
This house has a floor area of 169 sq meters or 1,827 sq feet when measured on 5 May 2010. Using an estimated price of £411,594 means this house is valued at £2,424 per sq meter (£225 per sq foot).
The average size of a house on MEAD AVENUE is 183 sq meters (1,980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deers Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deers Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Deers Way |
| Jan 2024 | Anti-social behaviour | On or near Barley Road | |
| Jan 2024 | Anti-social behaviour | On or near Barley Road |