£241,041
This estimated value is based upon the latest sale price for the house of £236,500 on 20 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near The Avenue
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| Price Paid | Date |
|---|---|
| £236,500 | 20 May 2022 |
| £172,500 | 29 Mar 2018 |
| £95,000 | 14 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 May 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £236,500 results in an estimated price of approximately £241,041.
| 20 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £236,500 | £4,541 | £241,041 |
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 | 76.852 % | £181,753 | £418,253 |
| 3 Month Average | -0.902 % | £-2,134 | £234,365 |
| 6 Month Average | 3.693 % | £8,734 | £245,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £268,982 | £265,000 | 543 CANNOCK ROAD |
| 24 Feb 2023 | £189,872 | £190,000 | 17 VICTORIA ROAD |
| 29 Jul 2022 | £230,621 | £230,000 | 4 WIMBORNE ROAD |
| 15 Jul 2022 | £220,594 | £220,000 | 571 CANNOCK ROAD |
| 27 Jun 2022 | £154,179 | £152,000 | 34 VICTORIA ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 24 Nov 2017. Using an estimated price of £241,042 means this house is valued at £2,510 per sq meter (£233 per sq foot).
The average size of a house on BUSHBURY ROAD is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Avenue |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near The Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Avenue |