£141,124
This estimated value is based upon the latest sale price for the house of £130,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Durbar Avenue
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| Price Paid | Date |
|---|---|
| £130,000 | 24 Sep 2021 |
| £86,000 | 20 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £130,000 results in an estimated price of approximately £141,124.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £130,000 | £11,124 | £141,124 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -3.989 % | £-5,185 | £124,814 |
| 3 Month Average | 3.545 % | £4,608 | £134,608 |
| 6 Month Average | 3.289 % | £4,275 | £134,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £201,441 | £197,000 | 76 DURBAR AVENUE |
| 10 Mar 2023 | £150,514 | £148,000 | 183 QUEEN MARYS ROAD |
| 5 Jan 2023 | £179,480 | £179,000 | 12 HOLBROOK LANE |
| 31 Aug 2022 | £211,991 | £211,000 | 28 DURBAR AVENUE |
| 17 Mar 2022 | £172,249 | £165,000 | 20 HOLBROOK LANE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 6 Oct 2014. Using an estimated price of £141,124 means this house is valued at £1,306 per sq meter (£121 per sq foot).
The average size of a house on DURBAR AVENUE is 108 sq meters (1,170 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Durbar Avenue | |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Durbar Avenue |
| Jun 2024 | Burglary | Unable to prosecute suspect | On or near Durbar Avenue |
| May 2024 | Drugs | Investigation complete; no suspect identified | On or near Durbar Avenue |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Durbar Avenue |