£236,261
This estimated value is based upon the latest sale price for the house of £232,000 on 1 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £232,000 | 1 Aug 2023 |
| £225,000 | 6 Aug 2020 |
| £145,000 | 17 Oct 2019 |
| Semi-Detached |
| 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 August 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £232,000 results in an estimated price of approximately £236,261.
| 1 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £232,000 | £4,261 | £236,261 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | 32.509 % | £75,421 | £307,421 |
| 3 Month Average | 1.601 % | £3,714 | £235,714 |
| 6 Month Average | -3.702 % | £-8,588 | £223,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £236,261 | £232,000 | 23 EDWARD AVENUE |
| 18 Jul 2022 | £338,391 | £335,000 | 14 BELMONT CLOSE |
| 31 May 2022 | £667,387 | £650,000 | 33 LEIGHSWOOD ROAD |
| 18 Mar 2022 | £354,937 | £340,000 | 6 GREEN FIELDS |
| 30 Sep 2021 | £227,970 | £210,000 | 21 EDWARD AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 29 May 2019. Using an estimated price of £236,261 means this house is valued at £2,953 per sq meter (£274 per sq foot).
The average size of a house on EDWARD AVENUE is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Greenfields |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Belmont Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Belmont Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mead Close |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sheraton Close |