£173,735
This estimated value is based upon the latest sale price for the house of £142,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £142,000 | 21 Feb 2020 |
| £120,000 | 2 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £142,000 results in an estimated price of approximately £173,735.
| 21 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £142,000 | £31,735 | £173,735 |
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 | 17.784 % | £25,252 | £167,252 |
| 3 Month Average | 20.460 % | £29,053 | £171,053 |
| 6 Month Average | 19.138 % | £27,175 | £169,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £183,212 | £180,500 | 5 CRAWFORD AVENUE |
| 17 Nov 2023 | £182,705 | £180,000 | 21 GORDON AVENUE |
| 8 Aug 2023 | £176,544 | £175,000 | 9 PRUDEN AVENUE |
| 12 Jul 2023 | £126,705 | £125,000 | 31 PRITCHETT AVENUE |
| 23 Jan 2023 | £169,203 | £170,000 | 22 WARD GROVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 27 Sep 2012. Using an estimated price of £173,736 means this house is valued at £2,446 per sq meter (£227 per sq foot).
The average size of a house on WARD GROVE is 66 sq meters (720 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pritchett Avenue |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Pritchett Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pritchett Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pritchett Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pritchett Avenue |