£199,099
This estimated value is based upon the latest sale price for the house of £147,000 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Averill Road
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| Price Paid | Date |
|---|---|
| £147,000 | 29 Apr 2016 |
| £117,500 | 2 Oct 2009 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2016 the House Price Index for WEST MIDLANDS was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £147,000 results in an estimated price of approximately £199,099.
| 29 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £147,000 | £52,099 | £199,099 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 18.635 % | £27,394 | £174,394 |
| 3 Month Average | 48.487 % | £71,275 | £218,275 |
| 6 Month Average | 40.250 % | £59,166 | £206,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £248,004 | £245,000 | 30 AVERILL ROAD |
| 24 Mar 2023 | £181,712 | £180,000 | 90 MILSTEAD ROAD |
| 15 Feb 2023 | £187,874 | £188,000 | 62 MILSTEAD ROAD |
| 30 Nov 2022 | £174,882 | £177,000 | 29 MILSTEAD ROAD |
| 18 Nov 2022 | £148,205 | £150,000 | 75 MILSTEAD ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 26 Feb 2016. Using an estimated price of £199,099 means this house is valued at £2,398 per sq meter (£222 per sq foot).
The average size of a house on MILSTEAD ROAD is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Averill Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Averill Road |
| Feb 2024 | Robbery | Under investigation | On or near Averill Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Averill Road |
| Feb 2024 | Robbery | Under investigation | On or near Averill Road |