£142,018
This estimated value is based upon the latest sale price for the house of £115,250 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £115,250 | 2 Nov 2018 |
| 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £115,250 results in an estimated price of approximately £142,018.
| 2 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £115,250 | £26,768 | £142,018 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 60.564 % | £69,799 | £185,049 |
| 3 Month Average | 28.877 % | £33,280 | £148,530 |
| 6 Month Average | 31.734 % | £36,572 | £151,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £297,604 | £295,000 | 17 SOMERFORD PLACE |
| 23 Mar 2023 | £181,712 | £180,000 | 30 SOMERFORD PLACE |
| 26 Jan 2023 | £298,593 | £300,000 | 14 SOMERFORD PLACE |
| 25 Nov 2022 | £1,039,410 | £1,052,000 | EAGLE WORKS SOMERFORD PLACE |
| 25 Nov 2022 | £117,181 | £118,600 | SHAKESPEARE INN SOMERFORD PLACE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 12 Nov 2016. Using an estimated price of £142,019 means this house is valued at £1,711 per sq meter (£158 per sq foot).
The average size of a house on PARK AVENUE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue |
| Apr 2024 | Anti-social behaviour | On or near Park Avenue | |
| Apr 2024 | Public order | Under investigation | On or near Park Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Avenue |
| Apr 2024 | Anti-social behaviour | On or near Park Avenue |