£234,804
This estimated value is based upon the latest sale price for the house of £189,950 on 24 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £189,950 | 24 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £189,950 results in an estimated price of approximately £234,804.
| 24 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £189,950 | £44,854 | £234,804 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -5.375 % | £-10,210 | £179,739 |
| 3 Month Average | 12.207 % | £23,187 | £213,137 |
| 6 Month Average | 24.744 % | £47,000 | £236,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £276,029 | £272,500 | 89 FRANKLEY AVENUE |
| 31 Jul 2023 | £116,569 | £115,000 | 61 BOURNEBROOK CRESCENT |
| 24 Jul 2023 | £346,666 | £342,000 | 71 FRANKLEY AVENUE |
| 16 Jun 2023 | £222,698 | £220,000 | 87 FRANKLEY AVENUE |
| 17 Apr 2023 | £93,001 | £92,000 | 77 BOURNEBROOK CRESCENT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 4 Oct 2018. Using an estimated price of £234,804 means this house is valued at £2,668 per sq meter (£247 per sq foot).
The average size of a house on BOURNEBROOK CRESCENT is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Oaklands | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Oaklands |
| Mar 2024 | Anti-social behaviour | On or near M5 | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lydate Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lydate Road |