£153,180
This estimated value is based upon the latest sale price for the house of £122,000 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £122,000 | 17 Nov 2017 |
| £95,000 | 24 Jan 2011 |
| £97,950 | 28 Jan 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 968 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £122,000 results in an estimated price of approximately £153,180.
| 17 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £122,000 | £31,180 | £153,180 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -19.083 % | £-23,280 | £98,719 |
| 3 Month Average | 18.934 % | £23,098 | £145,098 |
| 6 Month Average | 37.004 % | £45,145 | £167,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £196,594 | £195,000 | 6 CUMBERLAND ROAD |
| 27 Jan 2023 | £237,910 | £240,000 | 1 SOMERSET ROAD |
| 1 Jul 2022 | £170,769 | £171,000 | 42 ESSEX AVENUE |
| 20 Apr 2022 | £123,077 | £120,000 | 22 WESTLEY COURT |
| 22 Dec 2021 | £101,370 | £95,000 | 15 WESTLEY COURT |
This house has a floor area of 89 sq meters or 968 sq feet when measured on 19 Aug 2010. Using an estimated price of £153,181 means this house is valued at £1,702 per sq meter (£158 per sq foot).
The average size of a house on ESSEX AVENUE is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cumberland Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cumberland Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Somerset Road |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Somerset Road |