£208,391
This estimated value is based upon the latest sale price for the house of £156,500 on 4 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £156,500 | 4 Jul 2016 |
| £205,000 | 12 May 2006 |
| £185,000 | 7 Feb 2003 |
| £86,000 | 29 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £156,500 results in an estimated price of approximately £208,391.
| 4 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £156,500 | £51,891 | £208,391 |
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 | -1.926 % | £-3,014 | £153,485 |
| 3 Month Average | 22.887 % | £35,818 | £192,318 |
| 6 Month Average | 35.317 % | £55,270 | £211,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £263,907 | £260,000 | 44 WESTBOURNE ROAD |
| 8 Sep 2023 | £227,914 | £225,000 | 5A LINDEN AVENUE |
| 6 Feb 2023 | £236,841 | £237,000 | 28 WESTBOURNE ROAD |
| 29 Jul 2022 | £273,236 | £272,500 | 2 WESTBOURNE ROAD |
| 31 May 2022 | £275,185 | £270,000 | 53 WESTBOURNE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 16 Dec 2014. Using an estimated price of £208,392 means this house is valued at £3,656 per sq meter (£339 per sq foot).
The average size of a house on LINDEN AVENUE is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Westbourne Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Westbourne Road |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Halesowen Road |
| Mar 2024 | Burglary | Under investigation | On or near Halesowen Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New England |