£192,804
This estimated value is based upon the latest sale price for the house of £151,000 on 20 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £151,000 | 20 Sep 2017 |
| £25,000 | 27 Jun 2001 |
| Terraced |
| Freehold |
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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £151,000 results in an estimated price of approximately £192,804.
| 20 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £151,000 | £41,804 | £192,804 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | 49.074 % | £74,101 | £225,101 |
| 3 Month Average | -43.598 % | £-65,833 | £85,166 |
| 6 Month Average | -9.902 % | £-14,952 | £136,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £229,834 | £224,000 | APARTMENT 60 AVOCA COURT, 140 CHEAPSIDE |
| 26 Sep 2023 | £161,561 | £158,000 | APARTMENT 113 KINVARA HEIGHTS, 114 BRADFORD STREET |
| 23 Jun 2023 | £147,965 | £145,000 | APARTMENT 94 KINVARA HEIGHTS, 3 REA PLACE |
| 4 Apr 2023 | £1,854,690 | £1,820,000 | 42 MOSELEY ROAD |
| 3 Apr 2023 | £246,613 | £242,000 | APARTMENT 63 AVOCA COURT, 140 CHEAPSIDE |