£1,219,986
This estimated value is based upon the latest sale price for the house of £990,000 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Hollyfield Avenue
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Price Paid | Date |
---|---|
£990,000 | 26 Oct 2018 |
£252,000 | 3 Jun 1997 |
Detached |
Freehold |
Floor Area: 223 sq meters or 2,400 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 October 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 23.231%.Applying this 23.231% change to the original purchase price of £990,000 results in an estimated price of approximately £1,219,986.
26 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £990,000 | £229,986 | £1,219,986 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 3.703 % | £36,662 | £1,026,662 |
3 Month Average | -19.358 % | £-191,647 | £798,352 |
6 Month Average | -11.602 % | £-114,859 | £875,140 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £397,891 | £392,000 | 8 CAMBRIDGE AVENUE |
1 Sep 2023 | £709,066 | £700,000 | 10 CAMBRIDGE AVENUE |
6 Mar 2023 | £1,423,410 | £1,410,000 | 11 SPRING CLOSE |
27 Jan 2023 | £905,733 | £910,000 | 47 ALDERBROOK ROAD |
1 Sep 2022 | £3,075,167 | £3,100,000 | 58 ALDERBROOK ROAD |
This house has a floor area of 223 sq meters or 2,400 sq feet when measured on 19 May 2018. Using an estimated price of £1,219,986 means this house is valued at £5,470 per sq meter (£508 per sq foot).
The average size of a house on ALDERBROOK ROAD is 303 sq meters (3,270 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Hollyfield Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Westwood Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Danford Lane |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Danford Lane |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Danford Lane |