£553,536
This estimated value is based upon the latest sale price for the house of £399,950 on 14 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£399,950 | 14 Dec 2015 |
Semi-Detached |
Freehold |
Floor Area: 202 sq meters or 2,183 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 December 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £399,950 results in an estimated price of approximately £553,536.
14 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £399,950 | £153,586 | £553,536 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 30.341 % | £121,350 | £521,300 |
3 Month Average | -5.954 % | £-23,813 | £376,136 |
6 Month Average | 28.277 % | £113,094 | £513,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £794,450 | £787,500 | 24 BUCHANAN ROAD |
4 Apr 2023 | £189,541 | £187,500 | FLAT 11 MELROSE COURT, 35 MELLISH ROAD |
10 Mar 2023 | £474,470 | £470,000 | 33 BUCHANAN AVENUE |
17 Feb 2023 | £329,778 | £330,000 | 9 CAMERON ROAD |
19 Aug 2022 | £126,659 | £127,000 | FLAT 12 MELROSE COURT, 35 MELLISH ROAD |
This house has a floor area of 202 sq meters or 2,183 sq feet when measured on 23 Apr 2010. Using an estimated price of £553,536 means this house is valued at £2,729 per sq meter (£253 per sq foot).
The average size of a house on BUCHANAN AVENUE is 210 sq meters (2,262 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rushwood Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Calderfields Close |
Feb 2024 | Burglary | Under investigation | On or near Buchanan Close |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Buchanan Close |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cameron Road |