£162,317
This estimated value is based upon the latest sale price for the house of £142,000 on 3 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £142,000 | 3 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £142,000 results in an estimated price of approximately £162,317.
| 3 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £142,000 | £20,317 | £162,317 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | -15.746 % | £-22,358 | £119,641 |
| 3 Month Average | 21.326 % | £30,282 | £172,282 |
| 6 Month Average | 21.279 % | £30,216 | £172,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £190,644 | £190,000 | 26 TOLLGATE CLOSE |
| 13 Nov 2023 | £232,991 | £230,000 | 79 CENTRAL AVENUE |
| 10 Nov 2023 | £116,496 | £115,000 | 94 CONEY GREEN DRIVE |
| 17 Jul 2023 | £151,432 | £150,000 | 109 CENTRAL AVENUE |
| 1 Mar 2023 | £186,005 | £185,000 | 145 CONEY GREEN DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 1 Jul 2020. Using an estimated price of £162,317 means this house is valued at £1,909 per sq meter (£177 per sq foot).
The average size of a house on CENTRAL AVENUE is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elder Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elder Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elder Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elder Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elder Close |