£217,783
This estimated value is based upon the latest sale price for the house of £168,000 on 19 May 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £168,000 | 19 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 May 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £168,000 results in an estimated price of approximately £217,783.
| 19 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £168,000 | £49,783 | £217,783 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -13.224 % | £-22,216 | £145,783 |
| 3 Month Average | 22.712 % | £38,155 | £206,155 |
| 6 Month Average | 51.408 % | £86,365 | £254,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2024 | £260,000 | £260,000 | 25 LONGDON AVENUE |
| 24 Apr 2024 | £252,694 | £250,500 | 19 NEVILLE AVENUE |
| 12 Apr 2024 | £191,664 | £190,000 | 31 LONGDON AVENUE |
| 17 Nov 2023 | £174,941 | £170,500 | 31 POPLAR STREET |
| 12 Apr 2023 | £234,384 | £230,000 | 2 LONGDON AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 13 Oct 2016. Using an estimated price of £217,783 means this house is valued at £2,792 per sq meter (£259 per sq foot).
The average size of a house on NEVILLE AVENUE is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |
| Sep 2024 | Anti-social behaviour | On or near Supermarket | |
| Sep 2024 | Anti-social behaviour | On or near Supermarket | |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Supermarket |