£174,626
This estimated value is based upon the latest sale price for the house of £145,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 17 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £145,000 results in an estimated price of approximately £174,626.
| 17 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £145,000 | £29,626 | £174,626 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -30.499 % | £-44,222 | £100,777 |
| 3 Month Average | 9.346 % | £13,552 | £158,552 |
| 6 Month Average | 31.232 % | £45,286 | £190,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £212,731 | £210,000 | 19 SUSSEX AVENUE |
| 15 Feb 2023 | £145,313 | £146,000 | 135 HEATH LANE |
| 27 Jan 2023 | £188,346 | £190,000 | 17 SUSSEX AVENUE |
| 8 Apr 2022 | £194,872 | £190,000 | 34 RUTLAND ROAD |
| 31 Mar 2022 | £154,296 | £149,500 | 11 RADNOR GREEN |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Apr 2020. Using an estimated price of £174,626 means this house is valued at £2,328 per sq meter (£216 per sq foot).
The average size of a house on ESSEX AVENUE is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radnor Green |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radnor Green |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Avenue |