£213,843
This estimated value is based upon the latest sale price for the house of £172,500 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£172,500 | 16 Aug 2019 |
£63,500 | 22 Oct 1999 |
Semi-Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £172,500 results in an estimated price of approximately £213,843.
16 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £172,500 | £41,343 | £213,843 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -34.835 % | £-60,091 | £112,408 |
3 Month Average | 21.431 % | £36,968 | £209,468 |
6 Month Average | 26.672 % | £46,009 | £218,509 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £296,537 | £290,000 | 11 SHEILA AVENUE |
27 Jan 2023 | £230,616 | £230,000 | 18 WOOTTON AVENUE |
30 Sep 2022 | £222,851 | £223,000 | 91 SPRINGHILL ROAD |
21 Jul 2022 | £267,177 | £264,500 | 208 SPRINGHILL ROAD |
12 Jul 2022 | £242,429 | £240,000 | 110 SPRINGHILL ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 30 Mar 2019. Using an estimated price of £213,844 means this house is valued at £3,751 per sq meter (£348 per sq foot).
The average size of a house on SHEILA AVENUE is 100 sq meters (1,076 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mercer Grove |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sheila Avenue |
Jul 2024 | Burglary | Under investigation | On or near Janine Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Janine Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duckhouse Road |