£354,937
This estimated value is based upon the latest sale price for the house of £340,000 on 7 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £340,000 | 7 Mar 2022 |
| £280,000 | 18 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £340,000 results in an estimated price of approximately £354,937.
| 7 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £340,000 | £14,937 | £354,937 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 16.638 % | £56,569 | £396,569 |
| 3 Month Average | -2.212 % | £-7,521 | £332,478 |
| 6 Month Average | 13.103 % | £44,549 | £384,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £223,433 | £220,000 | 36 IVERLEY ROAD |
| 12 Oct 2023 | £150,928 | £147,500 | 53 HONEYBOURNE ROAD |
| 26 Aug 2022 | £241,128 | £240,000 | 52 IVERLEY ROAD |
| 20 May 2022 | £266,955 | £260,000 | 30 HONEYBOURNE ROAD |
| 6 May 2022 | £251,553 | £245,000 | 38 HONEYBOURNE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 2 May 2018. Using an estimated price of £354,937 means this house is valued at £4,436 per sq meter (£412 per sq foot).
The average size of a house on HAMILTON AVENUE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Abberton Close |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Abberton Close |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Abberton Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Honeybourne Road |
| May 2024 | Burglary | Unable to prosecute suspect | On or near Honeybourne Road |