£249,650
This estimated value is based upon the latest sale price for the house of £200,000 on 4 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 4 Apr 2018 |
| £94,950 | 16 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £200,000 results in an estimated price of approximately £249,650.
| 4 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £200,000 | £49,650 | £249,650 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -9.176 % | £-18,351 | £181,648 |
| 3 Month Average | 18.930 % | £37,859 | £237,859 |
| 6 Month Average | 20.714 % | £41,428 | £241,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £312,467 | £307,000 | 56 GAVESTON ROAD |
| 8 Sep 2023 | £251,212 | £248,000 | 24 COURTLAND AVENUE |
| 26 Jun 2023 | £229,277 | £226,500 | 16 WELGARTH AVENUE |
| 5 Aug 2022 | £247,334 | £248,000 | 26 COURTLAND AVENUE |
| 4 Aug 2022 | £199,463 | £200,000 | 46 GAVESTON ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 13 Jul 2017. Using an estimated price of £249,650 means this house is valued at £3,120 per sq meter (£289 per sq foot).
The average size of a house on WELGARTH AVENUE is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welgarth Avenue |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Welgarth Avenue |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Denbigh Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Denbigh Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Woodclose Avenue |