£258,975
This estimated value is based upon the latest sale price for the house of £59,750 on 30 Jul 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £59,750 | 30 Jul 1999 |
| £41,000 | 30 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 1999 the House Price Index for WEST MIDLANDS was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £59,750 results in an estimated price of approximately £258,975.
| 30 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 148.6 | 333.432 % | £59,750 | £199,225 | £258,975 |
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 | 188.223 % | £112,463 | £172,213 |
| 3 Month Average | 281.703 % | £168,317 | £228,067 |
| 6 Month Average | 278.205 % | £166,227 | £225,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £213,740 | £210,000 | 46 HAWKESLEY DRIVE |
| 21 Sep 2023 | £227,914 | £225,000 | 31 HAWKESLEY DRIVE |
| 1 Sep 2023 | £250,706 | £247,500 | 2 CENTRAL AVENUE |
| 27 Jun 2023 | £253,065 | £250,000 | 7 THE OAK WALK |
| 5 Aug 2022 | £194,477 | £195,000 | 6 CENTRAL AVENUE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 7 Sep 2012. Using an estimated price of £258,976 means this house is valued at £3,647 per sq meter (£338 per sq foot).
The average size of a house on CENTRAL AVENUE is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laburnum Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Cedar Way |
| Jan 2024 | Other theft | Awaiting court outcome | On or near Cedar Way |
| Mar 2024 | Possession of weapons | Under investigation | On or near Hawkesley Crescent |
| Feb 2024 | Vehicle crime | Under investigation | On or near Hawkesley Crescent |