£149,339
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 25 Jan 2019 |
| £95,000 | 30 Aug 2013 |
| 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £120,000 results in an estimated price of approximately £149,339.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £120,000 | £29,339 | £149,339 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 46.815 % | £56,177 | £176,177 |
| 3 Month Average | 18.468 % | £22,162 | £142,162 |
| 6 Month Average | 20.972 % | £25,165 | £145,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £150,000 | £150,000 | 43 ROWLANDS AVENUE |
| 3 Jun 2024 | £143,000 | £143,000 | 174 POPLAR AVENUE |
| 26 Apr 2024 | £181,577 | £180,000 | 175 POPLAR AVENUE |
| 11 Dec 2023 | £172,294 | £167,000 | 197 POPLAR AVENUE |
| 7 Dec 2023 | £180,548 | £175,000 | 71 LIME AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poplar Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowlands Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rowlands Close |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Rowlands Close |
| Oct 2024 | Anti-social behaviour | On or near Cromwell Close |