£86,984
This estimated value is based upon the latest sale price for the house of £65,000 on 5 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £65,000 | 5 Sep 2016 |
| £55,000 | 3 May 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 September 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £65,000 results in an estimated price of approximately £86,984.
| 5 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £65,000 | £21,984 | £86,984 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -36.967 % | £-24,028 | £40,971 |
| 3 Month Average | 29.118 % | £18,926 | £83,926 |
| 6 Month Average | 33.769 % | £21,949 | £86,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £108,329 | £105,000 | 356 GRIFFITHS DRIVE |
| 3 Oct 2023 | £189,299 | £185,000 | 27 BRINDLEY AVENUE |
| 8 Sep 2023 | £173,832 | £170,000 | 23 BRINDLEY AVENUE |
| 14 Aug 2023 | £193,485 | £189,995 | 344 GRIFFITHS DRIVE |
| 28 Jun 2023 | £168,374 | £165,000 | 94 ASHMORE AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 30 Nov 2016. Using an estimated price of £86,985 means this house is valued at £1,610 per sq meter (£149 per sq foot).
The average size of a house on HIGGS ROAD is 81 sq meters (881 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Higgs Road |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Higgs Road |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Higgs Road |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Higgs Road |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Higgs Road |