£141,492
This estimated value is based upon the latest sale price for the house of £62,000 on 19 Sep 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £62,000 | 19 Sep 2003 |
| £62,000 | 19 Sep 2003 |
| £35,000 | 5 Apr 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 September 2003 the House Price Index for WEST MIDLANDS was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £62,000 results in an estimated price of approximately £141,492.
| 19 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £62,000 | £79,492 | £141,492 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 194.819 % | £120,787 | £182,787 |
| 3 Month Average | 152.466 % | £94,528 | £156,528 |
| 6 Month Average | 156.293 % | £96,901 | £158,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £189,810 | £187,000 | 74 FIFTH AVENUE |
| 4 Aug 2023 | £191,677 | £190,000 | 188 PARK LANE |
| 28 Apr 2023 | £192,068 | £190,000 | 4 DICKINSON AVENUE |
| 20 Jan 2023 | £223,945 | £225,000 | 1B FIFTH AVENUE |
| 5 Aug 2022 | £164,557 | £165,000 | 180 PARK LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Apr 2016. Using an estimated price of £141,492 means this house is valued at £1,886 per sq meter (£175 per sq foot).
The average size of a house on THIRD AVENUE is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Apr 2024 | Other crime | Under investigation | On or near Third Avenue |
| Apr 2024 | Public order | Under investigation | On or near Third Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Third Avenue |
| Feb 2024 | Anti-social behaviour | On or near Third Avenue |