£208,166
This estimated value is based upon the latest sale price for the house of £117,000 on 31 Mar 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£117,000 | 31 Mar 2006 |
£69,950 | 31 Aug 2001 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 March 2006 the House Price Index for WEST MIDLANDS was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £117,000 results in an estimated price of approximately £208,166.
31 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.1 | 149.7 | 77.920 % | £117,000 | £91,166 | £208,166 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 127.910 % | £149,655 | £266,655 |
3 Month Average | 53.789 % | £62,933 | £179,933 |
6 Month Average | 51.849 % | £60,663 | £177,663 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £185,000 | £185,000 | 43 MARGARET AVENUE |
11 Apr 2024 | £242,102 | £240,000 | 45 HUNTINGTREE ROAD |
15 Nov 2023 | £292,423 | £285,000 | 11 BOURNES CLOSE |
18 Oct 2023 | £342,785 | £335,000 | 56 BOURNES HILL |
1 Sep 2023 | £240,297 | £235,000 | 98 BOURNES HILL |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Nov 2014. Using an estimated price of £208,167 means this house is valued at £2,635 per sq meter (£244 per sq foot).
The average size of a house on BOURNES HILL is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilston Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilston Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilston Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bournes Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bournes Close |