£1,191,655
This estimated value is based upon the latest sale price for the house of £690,000 on 18 May 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£690,000 | 18 May 2011 |
£305,000 | 14 Jul 1998 |
Detached |
Freehold |
Floor Area: 204 sq meters or 2,197 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £690,000 results in an estimated price of approximately £1,191,655.
18 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.704 % | £690,000 | £501,655 | £1,191,655 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 56.049 % | £386,738 | £1,076,738 |
3 Month Average | 10.015 % | £69,101 | £759,101 |
6 Month Average | 23.732 % | £163,753 | £853,753 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £1,415,238 | £1,400,000 | 24 BRUETON AVENUE |
17 Jan 2023 | £144,320 | £145,000 | FLAT 7 GUARDIAN COURT NEW ROAD |
4 May 2022 | £856,132 | £840,000 | 7 BRUETON AVENUE |
14 Apr 2022 | £1,639,955 | £1,592,500 | 27 PARK AVENUE |
21 Feb 2022 | £1,085,713 | £1,035,300 | 33 PARK AVENUE |
This house has a floor area of 204 sq meters or 2,197 sq feet when measured on 22 Oct 2010. Using an estimated price of £1,191,656 means this house is valued at £5,838 per sq meter (£542 per sq foot).
The average size of a house on PARK AVENUE is 220 sq meters (2,372 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Malvern Park Avenue |
Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near New Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Road |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near New Road |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Cedarhurst |