£352,240
This estimated value is based upon the latest sale price for the house of £347,500 on 3 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £347,500 | 3 Jul 2023 |
| £234,950 | 27 Aug 2004 |
| £149,950 | 3 Jul 2002 |
| £67,000 | 30 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 July 2023 the House Price Index for WEST MIDLANDS was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £347,500 results in an estimated price of approximately £352,240.
| 3 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £347,500 | £4,740 | £352,240 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | 66.903 % | £232,487 | £579,987 |
| 3 Month Average | -4.521 % | £-15,712 | £331,787 |
| 6 Month Average | 4.510 % | £15,671 | £363,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £352,241 | £347,500 | 165 WILLOW AVENUE |
| 19 Aug 2022 | £189,490 | £190,000 | 198 MERRIVALE ROAD |
| 27 Jun 2022 | £198,051 | £195,252 | 244 MERRIVALE ROAD |
| 28 Apr 2022 | £166,827 | £162,000 | 230 MERRIVALE ROAD |
| 30 Sep 2021 | £168,104 | £156,000 | 204 MERRIVALE ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 17 May 2016. Using an estimated price of £352,241 means this house is valued at £2,446 per sq meter (£227 per sq foot).
The average size of a house on WILLOW AVENUE is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merrivale Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Merrivale Road |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hickory Drive |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hickory Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hickory Drive |