£105,710
This estimated value is based upon the latest sale price for the house of £71,000 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £71,000 | 27 Feb 2015 |
| £59,950 | 28 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 551 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 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £71,000 results in an estimated price of approximately £105,710.
| 27 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £71,000 | £34,710 | £105,710 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 5.512 % | £3,913 | £74,913 |
| 3 Month Average | 19.994 % | £14,196 | £85,196 |
| 6 Month Average | 44.209 % | £31,388 | £102,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £195,975 | £191,000 | 31 BRADSHAW AVENUE |
| 27 Nov 2023 | £99,526 | £97,000 | 33 THOMSON AVENUE |
| 24 Jan 2023 | £190,509 | £190,000 | 78 VARDON WAY |
| 9 Sep 2022 | £203,864 | £204,000 | 15 PORTRUSH AVENUE |
| 15 Aug 2022 | £185,869 | £185,000 | 24 PAR GREEN |
This house has a floor area of 51 sq meters or 551 sq feet when measured on 10 Jun 2010. Using an estimated price of £105,711 means this house is valued at £2,064 per sq meter (£191 per sq foot).
The average size of a house on THOMSON AVENUE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Thomson Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thomson Avenue |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Portrush Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portrush Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bradshaw Avenue |