£152,471
This estimated value is based upon the latest sale price for the house of £42,500 on 31 Jan 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £42,500 | 31 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 January 2001 the House Price Index for WEST MIDLANDS was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £42,500 results in an estimated price of approximately £152,471.
| 31 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 149.7 | 258.756 % | £42,500 | £109,971 | £152,471 |
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 | 210.307 % | £89,380 | £131,880 |
| 3 Month Average | 264.641 % | £112,472 | £154,972 |
| 6 Month Average | 281.575 % | £119,669 | £162,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £154,509 | £151,000 | 26 MICKLEY AVENUE |
| 8 Apr 2022 | £181,549 | £175,000 | 14 HIGHAM WAY |
| 9 Feb 2022 | £103,005 | £97,500 | 60 MICKLEY AVENUE |
| 28 Jan 2022 | £143,127 | £135,000 | 7 MICKLEY AVENUE |
| 29 Sep 2021 | £173,691 | £160,000 | 4 BURBAGE CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 14 Sep 2016. Using an estimated price of £152,471 means this house is valued at £2,722 per sq meter (£252 per sq foot).
The average size of a house on MICKLEY AVENUE is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mickley Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sports/Recreation Area |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wortley Avenue |