£131,578
This estimated value is based upon the latest sale price for the house of £110,000 on 14 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£110,000 | 14 Sep 2020 |
£88,500 | 28 Feb 2017 |
£92,000 | 30 Sep 2005 |
£46,650 | 9 Apr 1999 |
Semi-Detached |
Leasehold |
Floor Area: 55 sq meters or 592 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 September 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £110,000 results in an estimated price of approximately £131,578.
14 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £110,000 | £21,578 | £131,578 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -80.412 % | £-88,453 | £21,546 |
3 Month Average | 37.354 % | £41,089 | £151,089 |
6 Month Average | 35.030 % | £38,533 | £148,533 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £242,450 | £235,000 | 14 CHURCH GREEN |
2 Jun 2023 | £183,681 | £180,000 | 5 PARK MEADOW AVENUE |
6 Jan 2023 | £157,922 | £157,500 | 19A PARK MEADOW AVENUE |
24 Oct 2022 | £194,351 | £195,000 | 21 CHERRYWOOD GREEN |
1 Jul 2022 | £164,145 | £162,500 | 23 CHURCH GREEN |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 27 Dec 2016. Using an estimated price of £131,579 means this house is valued at £2,392 per sq meter (£222 per sq foot).
The average size of a house on PARK MEADOW AVENUE is 68 sq meters (732 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Park Meadow Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Meadow Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Meadow Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Meadow Avenue |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Park Meadow Avenue |