£196,745
This estimated value is based upon the latest sale price for the house of £128,000 on 13 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£128,000 | 13 Jun 2014 |
£49,950 | 3 Sep 1999 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £128,000 results in an estimated price of approximately £196,745.
13 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £128,000 | £68,745 | £196,745 |
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 | 11.877 % | £15,202 | £143,202 |
3 Month Average | 34.521 % | £44,186 | £172,186 |
6 Month Average | 56.628 % | £72,484 | £200,484 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £221,942 | £220,000 | 63 WILLOW AVENUE |
14 Jul 2023 | £332,475 | £328,000 | 30 MILL LANE |
29 Mar 2023 | £201,902 | £200,000 | 74 BLACKHALVE LANE |
2 Mar 2023 | £243,292 | £241,000 | 57 WILLOW AVENUE |
18 Jan 2023 | £278,687 | £280,000 | 16 BLACKHALVE LANE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Aug 2021. Using an estimated price of £196,746 means this house is valued at £2,490 per sq meter (£231 per sq foot).
The average size of a house on WILLOW AVENUE is 88 sq meters (954 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Willow Avenue |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elm Avenue |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |