£277,252
This estimated value is based upon the latest sale price for the house of £225,000 on 22 May 2020. 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 Farcroft Avenue
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| Price Paid | Date |
|---|---|
| £225,000 | 22 May 2020 |
| £150,000 | 16 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £225,000 results in an estimated price of approximately £277,252.
| 22 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £225,000 | £52,252 | £277,252 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 3.519 % | £7,917 | £232,917 |
| 3 Month Average | 5.438 % | £12,235 | £237,235 |
| 6 Month Average | 7.958 % | £17,906 | £242,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £272,928 | £266,000 | 824 BROAD LANE |
| 29 Sep 2023 | £39,675 | £38,800 | 850 BROAD LANE |
| 15 Sep 2023 | £144,178 | £141,000 | 2D CHILTERN HOUSES, 138 SUTTON AVENUE |
| 20 Jan 2023 | £150,402 | £150,000 | 1C MALVERN HOUSE, 140 SUTTON AVENUE |
| 4 Apr 2022 | £158,726 | £153,000 | 2A MALVERN HOUSE, 140 SUTTON AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 Nov 2019. Using an estimated price of £277,253 means this house is valued at £2,918 per sq meter (£271 per sq foot).
The average size of a house on FARCROFT AVENUE is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Farcroft Avenue |
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Farcroft Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farcroft Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farcroft Avenue |
| Jul 2024 | Burglary | Under investigation | On or near Farcroft Avenue |