£148,678
This estimated value is based upon the latest sale price for the house of £145,500 on 1 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,500 | 1 Jun 2022 |
| £68,500 | 18 Aug 2003 |
| £47,200 | 18 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 June 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £145,500 results in an estimated price of approximately £148,678.
| 1 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £145,500 | £3,178 | £148,678 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 18.845 % | £27,419 | £172,919 |
| 3 Month Average | 3.787 % | £5,509 | £151,009 |
| 6 Month Average | 11.903 % | £17,319 | £162,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £242,450 | £235,000 | 14 CHURCH GREEN |
| 2 Jun 2023 | £183,681 | £180,000 | 5 PARK MEADOW AVENUE |
| 6 Jan 2023 | £157,922 | £157,500 | 19A PARK MEADOW AVENUE |
| 24 Oct 2022 | £194,351 | £195,000 | 21 CHERRYWOOD GREEN |
| 1 Jul 2022 | £164,145 | £162,500 | 23 CHURCH GREEN |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 Nov 2021. Using an estimated price of £148,678 means this house is valued at £2,654 per sq meter (£246 per sq foot).
The average size of a house on PARK MEADOW AVENUE is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Park Meadow Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Meadow Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Meadow Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Meadow Avenue |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Park Meadow Avenue |