£194,504
This estimated value is based upon the latest sale price for the house of £117,500 on 15 Dec 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £117,500 | 15 Dec 2006 |
| £101,000 | 4 Feb 2005 |
| Terraced |
| Freehold |
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 December 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £117,500 results in an estimated price of approximately £194,504.
| 15 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £117,500 | £77,004 | £194,504 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -41.599 % | £-48,878 | £68,621 |
| 3 Month Average | 36.570 % | £42,970 | £160,470 |
| 6 Month Average | 22.235 % | £26,126 | £143,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £60,653 | £60,000 | 77 SKIDMORE AVENUE |
| 17 Mar 2023 | £214,016 | £212,000 | 19 WALFORD AVENUE |
| 17 Mar 2023 | £126,189 | £125,000 | 22 WALFORD AVENUE |
| 27 Jan 2023 | £183,137 | £184,000 | 7 SKIDMORE AVENUE |
| 20 Jan 2023 | £205,034 | £206,000 | 21 SKIDMORE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Addison Road |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Addison Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Addison Road |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Addison Road |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Walford Avenue |