£120,756
This estimated value is based upon the latest sale price for the house of £119,950 on 28 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Hazel Avenue
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| Price Paid | Date |
|---|---|
| £119,950 | 28 Feb 2023 |
| £52,000 | 30 May 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 February 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £119,950 results in an estimated price of approximately £120,756.
| 28 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £119,950 | £806 | £120,756 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 3.416 % | £4,096 | £124,046 |
| 3 Month Average | -7.920 % | £-9,500 | £110,449 |
| 6 Month Average | -17.094 % | £-20,504 | £99,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £288,505 | £286,000 | 116 ELIZABETH ROAD |
| 11 Dec 2023 | £317,764 | £308,000 | 58 ELIZABETH ROAD |
| 4 Oct 2023 | £205,160 | £200,500 | 124 ELIZABETH ROAD |
| 19 Jun 2023 | £229,601 | £225,000 | 42 ELIZABETH ROAD |
| 28 Feb 2023 | £120,757 | £119,950 | 16 HAZEL AVENUE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 6 Oct 2018. Using an estimated price of £120,757 means this house is valued at £2,744 per sq meter (£254 per sq foot).
The average size of a house on HAZEL AVENUE is 56 sq meters (607 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Hazel Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Caxton Grove |
| Jul 2024 | Burglary | Under investigation | On or near Elizabeth Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |