£169,582
This estimated value is based upon the latest sale price for the house of £50,000 on 22 Jun 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 22 Jun 2001 |
| £37,500 | 30 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 909 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 2001 the House Price Index for WEST MIDLANDS was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £50,000 results in an estimated price of approximately £169,582.
| 22 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £50,000 | £119,582 | £169,582 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | 84.657 % | £42,328 | £92,328 |
| 3 Month Average | 146.439 % | £73,219 | £123,219 |
| 6 Month Average | 167.842 % | £83,921 | £133,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £265,000 | £265,000 | 41 ACACIA AVENUE |
| 15 Dec 2023 | £223,918 | £220,000 | 11 ACACIA AVENUE |
| 22 Sep 2023 | £196,006 | £193,500 | 7 ELM GROVE |
| 21 Aug 2023 | £176,544 | £175,000 | 11 HOLLIARS GROVE |
| 2 Feb 2023 | £3,811 | £3,814 | 16 HOLLIARS GROVE |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 21 Dec 2010. Using an estimated price of £169,582 means this house is valued at £2,007 per sq meter (£186 per sq foot).
There is one other house on the street which we know the size of, this is 5 ELM GROVE it is 85.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Elm Grove |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Elm Grove |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Elm Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ash Crescent |