£117,069
This estimated value is based upon the latest sale price for the house of £95,000 on 25 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 25 Oct 2018 |
| £90,500 | 18 May 2018 |
| £39,950 | 28 Aug 1998 |
| £36,000 | 28 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £95,000 results in an estimated price of approximately £117,069.
| 25 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £95,000 | £22,069 | £117,069 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 24.056 % | £22,853 | £117,853 |
| 3 Month Average | 27.497 % | £26,122 | £121,122 |
| 6 Month Average | 33.365 % | £31,696 | £126,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £183,212 | £180,500 | 5 CRAWFORD AVENUE |
| 17 Nov 2023 | £182,705 | £180,000 | 21 GORDON AVENUE |
| 8 Aug 2023 | £176,544 | £175,000 | 9 PRUDEN AVENUE |
| 12 Jul 2023 | £126,705 | £125,000 | 31 PRITCHETT AVENUE |
| 25 Apr 2023 | £156,687 | £155,000 | 49 HILL AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Mar 2018. Using an estimated price of £117,069 means this house is valued at £1,696 per sq meter (£157 per sq foot).
The average size of a house on GORDON AVENUE is 84 sq meters (906 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Gordon Avenue |
| Feb 2024 | Other crime | Under investigation | On or near Gordon Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gordon Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Avenue |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Crawford Avenue |