£355,373
This estimated value is based upon the latest sale price for the house of £210,000 on 2 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £210,000 | 2 Nov 2012 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 November 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £210,000 results in an estimated price of approximately £355,373.
| 2 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £210,000 | £145,373 | £355,373 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 37.877 % | £79,542 | £289,542 |
| 3 Month Average | 46.627 % | £97,915 | £307,915 |
| 6 Month Average | 71.887 % | £150,962 | £360,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £430,024 | £422,500 | 9 ST JOHNS CLOSE |
| 2 Jun 2023 | £343,157 | £339,000 | 5 ST MARTINS CLOSE |
| 12 Aug 2022 | £246,337 | £247,000 | 9 ST DAVIDS CLOSE |
| 31 Mar 2022 | £352,329 | £340,000 | 7 ST DAVIDS CLOSE |
| 29 Nov 2021 | £346,084 | £320,000 | 12 ST MARTINS CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 16 Mar 2012. Using an estimated price of £355,374 means this house is valued at £2,820 per sq meter (£262 per sq foot).
The average size of a house on EUROPA AVENUE is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Kenelm'S Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Offini Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Offini Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St Caroline Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Caroline Close |