£122,232
This estimated value is based upon the latest sale price for the house of £80,000 on 18 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 18 Jul 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 July 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £80,000 results in an estimated price of approximately £122,232.
| 18 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £80,000 | £42,232 | £122,232 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 36.410 % | £29,128 | £109,128 |
| 3 Month Average | 61.728 % | £49,382 | £129,382 |
| 6 Month Average | 64.316 % | £51,453 | £131,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £167,251 | £165,000 | 15 BANKS ROAD |
| 5 Apr 2023 | £267,884 | £265,000 | 94 BARKERS BUTTS LANE |
| 3 Feb 2023 | £57,961 | £58,000 | 4 CHILTERN COURT LOUDON AVENUE |
| 6 Jan 2023 | £194,086 | £195,000 | 14 BANKS ROAD |
| 7 Oct 2022 | £199,848 | £202,000 | 83 BARKERS BUTTS LANE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 1 Mar 2013. Using an estimated price of £122,232 means this house is valued at £2,396 per sq meter (£222 per sq foot).
The average size of a house on LOUDON AVENUE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Theatre/Concert Hall |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Moseley Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moseley Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Troughton Crescent |