£259,875
This estimated value is based upon the latest sale price for the house of £54,950 on 19 Jun 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £54,950 | 19 Jun 1998 |
| £37,500 | 16 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 June 1998 the House Price Index for WEST MIDLANDS was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £54,950 results in an estimated price of approximately £259,875.
| 19 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 149.7 | 372.931 % | £54,950 | £204,925 | £259,875 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 349.386 % | £191,987 | £246,937 |
| 3 Month Average | 376.972 % | £207,145 | £262,095 |
| 6 Month Average | 409.893 % | £225,236 | £280,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £271,338 | £263,000 | 25 WOODCLOSE AVENUE |
| 8 Sep 2023 | £253,590 | £248,000 | 24 COURTLAND AVENUE |
| 26 Jun 2023 | £231,132 | £226,500 | 16 WELGARTH AVENUE |
| 27 Jan 2023 | £310,831 | £310,000 | 54 WOODCLOSE AVENUE |
| 5 Aug 2022 | £249,165 | £248,000 | 26 COURTLAND AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 Jun 2015. Using an estimated price of £259,876 means this house is valued at £2,953 per sq meter (£274 per sq foot).
The average size of a house on WELGARTH AVENUE is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodclose Avenue |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Denbigh Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Denbigh Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Denbigh Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Courtland Avenue |