£204,474
This estimated value is based upon the latest sale price for the house of £120,000 on 6 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£120,000 | 6 Dec 2012 |
£50,000 | 25 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 December 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £120,000 results in an estimated price of approximately £204,474.
6 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 149.7 | 70.396 % | £120,000 | £84,474 | £204,474 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 24.251 % | £29,101 | £149,101 |
3 Month Average | 29.127 % | £34,952 | £154,952 |
6 Month Average | 34.835 % | £41,801 | £161,801 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 May 2024 | £185,000 | £185,000 | 68 BURLAND AVENUE |
10 Aug 2023 | £152,755 | £150,000 | 122 LYNTON AVENUE |
13 Jan 2023 | £250,670 | £250,000 | 70 LYNTON AVENUE |
18 Mar 2022 | £229,665 | £220,000 | 72 BURLAND AVENUE |
4 Mar 2022 | £201,479 | £193,000 | 52 LYNTON AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 May 2012. Using an estimated price of £204,475 means this house is valued at £2,763 per sq meter (£256 per sq foot).
The average size of a house on LYNTON AVENUE is 82 sq meters (889 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Derby Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derby Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chester Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandford Rise |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandford Rise |