£105,289
This estimated value is based upon the latest sale price for the house of £68,500 on 19 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 |
|---|---|
| £68,500 | 19 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 £68,500 results in an estimated price of approximately £105,289.
| 19 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £68,500 | £36,789 | £105,289 |
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 | 104.678 % | £71,704 | £140,204 |
| 3 Month Average | 70.672 % | £48,410 | £116,910 |
| 6 Month Average | 68.152 % | £46,683 | £115,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £189,810 | £187,000 | 74 FIFTH AVENUE |
| 28 Apr 2023 | £192,068 | £190,000 | 4 DICKINSON AVENUE |
| 20 Jan 2023 | £223,945 | £225,000 | 1B FIFTH AVENUE |
| 14 Oct 2022 | £178,083 | £180,000 | 43 DICKINSON AVENUE |
| 1 Jul 2022 | £202,545 | £202,000 | DEAN VILLA FIFTH AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 23 Feb 2016. Using an estimated price of £105,290 means this house is valued at £1,183 per sq meter (£109 per sq foot).
The average size of a house on THIRD AVENUE is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Third Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Apr 2024 | Other crime | 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 |