£181,246
This estimated value is based upon the latest sale price for the house of £145,000 on 22 Jan 2018. 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 | 22 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £145,000 results in an estimated price of approximately £181,246.
| 22 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.0 | 24.997 % | £145,000 | £36,246 | £181,246 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 33.740 % | £48,922 | £193,922 |
| 3 Month Average | 30.213 % | £43,809 | £188,809 |
| 6 Month Average | 13.446 % | £19,496 | £164,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £163,094 | £161,000 | 123 RESERVOIR ROAD |
| 25 Aug 2023 | £162,991 | £162,000 | 118 RESERVOIR ROAD |
| 17 Aug 2023 | £201,224 | £200,000 | 10 CONISTON ROAD |
| 8 Jul 2022 | £180,756 | £181,000 | 255 MARSH LANE |
| 31 Jan 2022 | £73,371 | £70,000 | FLAT 1 50 CONISTON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 6 Sep 2018. Using an estimated price of £181,246 means this house is valued at £2,132 per sq meter (£198 per sq foot).
The average size of a house on DRAYCOTT AVENUE is 119 sq meters (1,282 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Draycott Avenue |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Draycott Avenue |
| Apr 2024 | Shoplifting | Under investigation | On or near Draycott Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Draycott Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Draycott Avenue |