£252,866
This estimated value is based upon the latest sale price for the house of £200,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 19 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £200,000 results in an estimated price of approximately £252,866.
| 19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £200,000 | £52,866 | £252,866 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -20.100 % | £-40,199 | £159,800 |
| 3 Month Average | 25.454 % | £50,907 | £250,907 |
| 6 Month Average | 27.661 % | £55,322 | £255,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £146,270 | £145,000 | 50 BEECHWOOD AVENUE |
| 30 Nov 2023 | £179,558 | £175,000 | 14 ELM AVENUE |
| 18 Aug 2023 | £238,298 | £234,000 | 109 MILL LANE |
| 3 Mar 2023 | £254,246 | £250,000 | 26 POPLAR AVENUE |
| 2 Feb 2023 | £276,849 | £275,000 | 112 MILL LANE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 7 Jun 2017. Using an estimated price of £252,866 means this house is valued at £2,363 per sq meter (£219 per sq foot).
The average size of a house on WILLOW AVENUE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Mill Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Lane |
| Jul 2024 | Anti-social behaviour | On or near Poplar Avenue | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Mullett Road |