£109,167
This estimated value is based upon the latest sale price for the house of £85,000 on 3 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,000 | 3 Jul 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £85,000 results in an estimated price of approximately £109,167.
| 3 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £85,000 | £24,167 | £109,167 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -10.465 % | £-8,894 | £76,105 |
| 3 Month Average | 42.518 % | £36,140 | £121,140 |
| 6 Month Average | 45.112 % | £38,345 | £123,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £176,533 | £175,000 | 12 TOWNSON ROAD |
| 11 Dec 2023 | £231,101 | £224,000 | 12 SOBERTON CLOSE |
| 17 Nov 2023 | £263,694 | £257,000 | 1 SOBERTON CLOSE |
| 5 Sep 2023 | £180,478 | £176,500 | 19 GADSBY AVENUE |
| 27 Jan 2023 | £330,884 | £330,000 | 5 MEON WAY |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 15 Apr 2013. Using an estimated price of £109,168 means this house is valued at £1,760 per sq meter (£163 per sq foot).
The average size of a house on PEACOCK AVENUE is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meon Way |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Meon Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Soberton Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Soberton Close |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Townson Road |