£226,420
This estimated value is based upon the latest sale price for the house of £135,000 on 26 Apr 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 26 Apr 2013 |
| £85,000 | 16 Nov 2012 |
| £50,000 | 7 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 April 2013 the House Price Index for WEST MIDLANDS was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £135,000 results in an estimated price of approximately £226,420.
| 26 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.719 % | £135,000 | £91,420 | £226,420 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 25.808 % | £34,840 | £169,840 |
| 3 Month Average | 65.070 % | £87,844 | £222,844 |
| 6 Month Average | 50.273 % | £67,868 | £202,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £250,706 | £247,500 | 37 ALTON AVENUE |
| 2 Jun 2023 | £134,125 | £132,500 | 37 ASHMORE LAKE ROAD |
| 6 Apr 2023 | £188,024 | £186,000 | 59 ASHMORE LAKE ROAD |
| 1 Jul 2022 | £145,391 | £145,000 | 56 ASHMORE LAKE ROAD |
| 23 May 2022 | £188,553 | £185,000 | 43 ASHMORE LAKE ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 7 Aug 2012. Using an estimated price of £226,420 means this house is valued at £3,483 per sq meter (£323 per sq foot).
The average size of a house on ASHMORE LAKE ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Malvern Close |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Malvern Close |
| Mar 2024 | Anti-social behaviour | On or near Malvern Close | |
| Mar 2024 | Anti-social behaviour | On or near Malvern Close | |
| Feb 2024 | Anti-social behaviour | On or near Malvern Close |