£162,466
This estimated value is based upon the latest sale price for the house of £128,500 on 25 Jan 2018. 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 Averill Road
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| Price Paid | Date |
|---|---|
| £128,500 | 25 Jan 2018 |
| £96,000 | 28 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 788 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 £128,500 results in an estimated price of approximately £162,466.
| 25 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £128,500 | £33,966 | £162,466 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 38.015 % | £48,849 | £177,349 |
| 3 Month Average | 24.693 % | £31,730 | £160,230 |
| 6 Month Average | 27.028 % | £34,730 | £163,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £174,428 | £170,000 | 98 MILSTEAD ROAD |
| 9 Jun 2023 | £250,010 | £245,000 | 30 AVERILL ROAD |
| 24 Mar 2023 | £183,057 | £180,000 | 90 MILSTEAD ROAD |
| 15 Feb 2023 | £189,264 | £188,000 | 62 MILSTEAD ROAD |
| 30 Nov 2022 | £176,176 | £177,000 | 29 MILSTEAD ROAD |
This house has a floor area of 73 sq meters or 788 sq feet when measured on 7 Sep 2011. Using an estimated price of £162,467 means this house is valued at £2,218 per sq meter (£206 per sq foot).
The average size of a house on MILSTEAD ROAD is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Averill Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Averill Road |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Averill Road |
| Jul 2024 | Robbery | Under investigation | On or near Averill Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Averill Road |