£237,790
This estimated value is based upon the latest sale price for the house of £220,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£220,000 | 18 Jun 2021 |
£161,000 | 11 Apr 2008 |
£63,500 | 6 Nov 1998 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £220,000 results in an estimated price of approximately £237,790.
18 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £220,000 | £17,790 | £237,790 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 22.116 % | £48,654 | £268,654 |
3 Month Average | 2.908 % | £6,397 | £226,397 |
6 Month Average | 7.812 % | £17,187 | £237,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £204,648 | £200,000 | 23 WESTFIELD AVENUE |
16 Aug 2023 | £351,337 | £345,000 | 14 MORTIMERS CLOSE |
30 Jun 2023 | £229,601 | £225,000 | 44 WESTFIELD AVENUE |
22 Jun 2023 | £224,499 | £220,000 | 16 COURTWAY AVENUE |
16 Jan 2023 | £371,994 | £371,000 | 15 MORTIMERS CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Jun 2020. Using an estimated price of £237,791 means this house is valued at £3,302 per sq meter (£306 per sq foot).
The average size of a house on INSULL AVENUE is 81 sq meters (873 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Westfield Avenue |
Oct 2024 | Possession of weapons | Under investigation | On or near Courtway Avenue |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Westcroft Way |
Oct 2024 | Other theft | Unable to prosecute suspect | On or near Westcroft Way |