£262,729
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Aug 2020. 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 | 17 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £220,000 results in an estimated price of approximately £262,729.
| 17 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £220,000 | £42,729 | £262,729 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -9.208 % | £-20,257 | £199,742 |
| 3 Month Average | -7.139 % | £-15,704 | £204,295 |
| 6 Month Average | 5.774 % | £12,702 | £232,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £145,788 | £145,000 | 29 WALSALL STREET |
| 17 Feb 2023 | £190,101 | £191,000 | 71 WALSALL STREET |
| 6 Feb 2023 | £223,941 | £225,000 | 103 WALSALL STREET |
| 1 Feb 2023 | £204,035 | £205,000 | 46 WALSALL STREET |
| 29 Jul 2022 | £279,622 | £280,000 | 151 CHARTER AVENUE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 8 Sep 2021. Using an estimated price of £262,729 means this house is valued at £1,990 per sq meter (£184 per sq foot).
The average size of a house on CHARTER AVENUE is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near Mitchell Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mitchell Avenue |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mitchell Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mitchell Avenue |
| Feb 2024 | Bicycle theft | Unable to prosecute suspect | On or near Mitchell Avenue |