£109,358
This estimated value is based upon the latest sale price for the house of £83,000 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £83,000 | 11 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £83,000 results in an estimated price of approximately £109,358.
| 11 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £83,000 | £26,358 | £109,358 |
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 | 93.302 % | £77,440 | £160,440 |
| 3 Month Average | 40.275 % | £33,427 | £116,427 |
| 6 Month Average | 44.036 % | £36,550 | £119,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £162,183 | £160,000 | 27 HUMPHRIES ROAD |
| 23 Jun 2023 | £202,452 | £200,000 | 51 GUY AVENUE |
| 16 Feb 2023 | £173,383 | £173,500 | 18 OTHELLO ROAD |
| 12 Jan 2023 | £122,423 | £123,000 | 19 MILLINGTON ROAD |
| 31 Oct 2022 | £171,157 | £173,000 | 63 LUCE ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 24 Jul 2014. Using an estimated price of £109,359 means this house is valued at £1,061 per sq meter (£98 per sq foot).
The average size of a house on GUY AVENUE is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Guy Avenue |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Guy Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Guy Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Guy Avenue |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Guy Avenue |