£130,401
This estimated value is based upon the latest sale price for the house of £92,000 on 20 Oct 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £92,000 | 20 Oct 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 October 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £92,000 results in an estimated price of approximately £130,401.
| 20 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £92,000 | £38,401 | £130,401 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 53.626 % | £49,336 | £141,336 |
| 3 Month Average | 48.992 % | £45,072 | £137,072 |
| 6 Month Average | 53.238 % | £48,978 | £140,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £200,150 | £194,000 | 59 DANGERFIELD LANE |
| 13 Jul 2022 | £163,640 | £162,000 | 69 BROADWATERS ROAD |
| 24 May 2022 | £154,012 | £150,000 | 63 BROADWATERS ROAD |
| 18 Mar 2022 | £148,760 | £142,500 | 33 BANFIELD ROAD |
| 18 Feb 2022 | £195,445 | £185,000 | 1 BANFIELD ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 5 Sep 2015. Using an estimated price of £130,401 means this house is valued at £2,287 per sq meter (£212 per sq foot).
The average size of a house on SMITH AVENUE is 85 sq meters (924 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Smith Avenue |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Dangerfield Lane |
| Aug 2024 | Anti-social behaviour | On or near Lodge Road | |
| Aug 2024 | Anti-social behaviour | On or near Lodge Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lansbury Avenue |