£272,340
This estimated value is based upon the latest sale price for the house of £221,000 on 5 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 |
|---|---|
| £221,000 | 5 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 £221,000 results in an estimated price of approximately £272,340.
| 5 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £221,000 | £51,340 | £272,340 |
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 | 11.476 % | £25,362 | £246,362 |
| 3 Month Average | 22.658 % | £50,073 | £271,073 |
| 6 Month Average | 28.443 % | £62,858 | £283,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £4,892,879 | £4,807,270 | SANDVIK UK LTD MANOR WAY |
| 27 May 2022 | £433,162 | £425,000 | 118 HAMILTON AVENUE |
| 26 May 2022 | £96,824 | £95,000 | 73 HAMILTON AVENUE |
| 30 Sep 2021 | £301,726 | £280,000 | 93 COUNTY PARK AVENUE |
| 13 Nov 2020 | £423,164 | £365,000 | 87 COUNTY PARK AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 1 May 2015. Using an estimated price of £272,340 means this house is valued at £3,130 per sq meter (£290 per sq foot).
The average size of a house on HAMILTON AVENUE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near County Park Avenue | |
| Dec 2023 | Anti-social behaviour | On or near County Park Avenue | |
| Dec 2023 | Anti-social behaviour | On or near County Park Avenue | |
| Dec 2023 | Anti-social behaviour | On or near County Park Avenue | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandals Rise |