£297,338
This estimated value is based upon the latest sale price for the house of £202,000 on 20 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £202,000 | 20 Feb 2015 |
| £188,000 | 14 Nov 2005 |
| £93,250 | 14 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 February 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 47.197%.Applying this 47.197% change to the original purchase price of £202,000 results in an estimated price of approximately £297,338.
| 20 Feb 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.0 | 47.197 % | £202,000 | £95,338 | £297,338 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 40.626 % | £82,065 | £284,065 |
| 3 Month Average | 23.428 % | £47,325 | £249,325 |
| 6 Month Average | 35.877 % | £72,471 | £274,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £265,014 | £260,000 | 265 HOBS MOAT ROAD |
| 26 Jun 2023 | £256,076 | £254,000 | 25 HARVARD ROAD |
| 27 Mar 2023 | £243,315 | £242,000 | 100 WELLSFORD AVENUE |
| 8 Mar 2023 | £281,522 | £280,000 | 281 HOBS MOAT ROAD |
| 24 Feb 2023 | £199,059 | £200,000 | 153 WELLSFORD AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 Jul 2014. Using an estimated price of £297,339 means this house is valued at £4,247 per sq meter (£394 per sq foot).
The average size of a house on WELLSFORD AVENUE is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near B425 |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near B425 |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near B425 |
| Apr 2024 | Shoplifting | Under investigation | On or near B425 |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B425 |