£154,068
This estimated value is based upon the latest sale price for the house of £125,000 on 10 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£125,000 | 10 Feb 2020 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £125,000 results in an estimated price of approximately £154,068.
10 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £125,000 | £29,068 | £154,068 |
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 | -21.589 % | £-26,986 | £98,013 |
3 Month Average | 17.877 % | £22,346 | £147,346 |
6 Month Average | 16.893 % | £21,115 | £146,115 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £99,021 | £97,500 | 27 GROVELANDS CRESCENT |
7 Mar 2024 | £132,028 | £130,000 | 50 PRIMROSE AVENUE |
15 Dec 2023 | £170,231 | £165,000 | 4 FAIRFAX ROAD |
27 Sep 2023 | £117,592 | £115,000 | 65 PRIMROSE AVENUE |
11 Aug 2023 | £152,755 | £150,000 | 2 ELMCROFT GARDENS |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 Jun 2019. Using an estimated price of £154,068 means this house is valued at £1,639 per sq meter (£152 per sq foot).
The average size of a house on PRIMROSE AVENUE is 99 sq meters (1,069 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Awaiting court outcome | On or near Northwood Park Close |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northwood Park Close |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Northwood Park Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Elmcroft Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Elmcroft Gardens |