£222,921
This estimated value is based upon the latest sale price for the house of £130,000 on 13 Jul 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 13 Jul 2012 |
| £93,000 | 8 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £130,000 results in an estimated price of approximately £222,921.
| 13 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £130,000 | £92,921 | £222,921 |
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 | -16.434 % | £-21,364 | £108,635 |
| 3 Month Average | 52.334 % | £68,034 | £198,034 |
| 6 Month Average | 66.102 % | £85,932 | £215,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £258,368 | £252,500 | 20 BEECHWOOD AVENUE |
| 18 Aug 2023 | £224,041 | £220,000 | 63 WILLOW AVENUE |
| 2 Mar 2023 | £245,093 | £241,000 | 57 WILLOW AVENUE |
| 13 May 2022 | £253,607 | £247,000 | 1 MILL LANE |
| 18 Feb 2022 | £169,033 | £160,000 | 17 ELM AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Mar 2013. Using an estimated price of £222,921 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on WILLOW AVENUE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Avenue |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Mill Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Lane |