£239,201
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Oct 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£240,000 | 12 Oct 2022 |
£42,000 | 25 Apr 2001 |
£42,000 | 5 Dec 2000 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2022 the House Price Index for WEST MIDLANDS was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £240,000 results in an estimated price of approximately £239,201.
12 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 149.7 | -0.333 % | £240,000 | £-798 | £239,201 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 10.728 % | £25,746 | £265,746 |
3 Month Average | 4.546 % | £10,910 | £250,910 |
6 Month Average | -1.109 % | £-2,661 | £237,338 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £134,121 | £130,000 | 30 RIBBLE ROAD |
10 Jan 2023 | £200,536 | £200,000 | 37 RIBBLE ROAD |
12 Oct 2022 | £239,201 | £240,000 | 16 HUMBER AVENUE |
6 May 2022 | £149,905 | £146,000 | 5 RIBBLE ROAD |
28 Apr 2022 | £223,046 | £215,000 | 8 HUMBER ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Mar 2019. Using an estimated price of £239,201 means this house is valued at £2,572 per sq meter (£238 per sq foot).
The average size of a house on HUMBER AVENUE is 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near School Close | |
Oct 2024 | Anti-social behaviour | On or near School Close | |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near School Close |
Sep 2024 | Anti-social behaviour | On or near Ribble Road | |
Sep 2024 | Anti-social behaviour | On or near Ribble Road |