£273,004
This estimated value is based upon the latest sale price for the house of £225,000 on 16 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Meadfoot Avenue
More crime details
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Price Paid | Date |
---|---|
£225,000 | 16 Mar 2020 |
Freehold |
Floor Area: 60 sq meters or 645 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £225,000 results in an estimated price of approximately £273,004.
16 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £225,000 | £48,004 | £273,004 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 52.882 % | £118,983 | £343,983 |
3 Month Average | 17.603 % | £39,605 | £264,605 |
6 Month Average | 8.630 % | £19,417 | £244,417 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £61,051 | £59,950 | 145 MARSHAM ROAD |
13 Jan 2023 | £198,029 | £197,500 | 71 MILLPOOL GARDENS |
17 Jun 2022 | £224,805 | £220,000 | 131 MARSHAM ROAD |
13 May 2022 | £313,158 | £305,000 | 29 GLENAVON ROAD |
6 May 2022 | £266,955 | £260,000 | 715 ALCESTER ROAD SOUTH |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 30 Jan 2020. Using an estimated price of £273,004 means this house is valued at £4,550 per sq meter (£422 per sq foot).
The average size of a house on ALCESTER ROAD SOUTH is 101 sq meters (1,091 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Unable to prosecute suspect | On or near Meadfoot Avenue |
Jun 2024 | Shoplifting | Unable to prosecute suspect | On or near Meadfoot Avenue |
Jun 2024 | Anti-social behaviour | On or near Meadfoot Avenue | |
Jun 2024 | Anti-social behaviour | On or near Meadfoot Avenue | |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Meadfoot Avenue |