£129,311
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 17 Sep 2021 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £120,000 results in an estimated price of approximately £129,311.
| 17 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £120,000 | £9,311 | £129,311 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 32.856 % | £39,426 | £159,426 |
| 3 Month Average | 15.012 % | £18,014 | £138,014 |
| 6 Month Average | 8.293 % | £9,951 | £129,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £196,437 | £193,000 | 39 HIGHFIELD AVENUE |
| 17 Nov 2023 | £101,503 | £100,000 | 77A WATERHEAD DRIVE |
| 2 Mar 2023 | £181,712 | £180,000 | 20 HIGHFIELD AVENUE |
| 10 Feb 2023 | £94,936 | £95,000 | 11 WATERHEAD CLOSE |
| 28 Jul 2022 | £125,337 | £125,000 | 36 HIGHFIELD AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 28 Oct 2014. Using an estimated price of £129,311 means this house is valued at £1,901 per sq meter (£176 per sq foot).
The average size of a house on HIGHFIELD AVENUE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Avenue |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Highfield Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highfield Avenue |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Highfield Avenue |