£241,074
This estimated value is based upon the latest sale price for the house of £186,500 on 6 Apr 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £186,500 | 6 Apr 2017 |
| £105,000 | 28 Aug 2010 |
| £105,000 | 28 Aug 2010 |
| £105,000 | 28 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 784 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 2017 the House Price Index for WEST MIDLANDS was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £186,500 results in an estimated price of approximately £241,074.
| 6 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £186,500 | £54,574 | £241,074 |
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 | 27.267 % | £50,852 | £237,352 |
| 3 Month Average | 44.801 % | £83,553 | £270,053 |
| 6 Month Average | 37.323 % | £69,608 | £256,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £244,274 | £240,000 | 34 RECTORY PARK ROAD |
| 29 Sep 2023 | £232,979 | £230,000 | 23 BAYFORD AVENUE |
| 23 Jun 2023 | £258,127 | £255,000 | 82 RECTORY PARK ROAD |
| 28 Apr 2023 | £261,314 | £258,500 | 4 CORVILLE GARDENS |
| 24 Mar 2023 | £215,026 | £213,000 | 52 RECTORY PARK ROAD |
This house has a floor area of 72 sq meters or 784 sq feet when measured on 10 Dec 2010. Using an estimated price of £241,074 means this house is valued at £3,308 per sq meter (£307 per sq foot).
The average size of a house on COALWAY AVENUE is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Coalway Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Coalway Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rectory Park Road |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Rectory Park Road |
| Mar 2024 | Other theft | Under investigation | On or near Bayford Avenue |