£227,277
This estimated value is based upon the latest sale price for the house of £225,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 15 Jul 2022 |
| £58,000 | 1 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 51 sq meters or 548 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £225,000 results in an estimated price of approximately £227,277.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £225,000 | £2,277 | £227,277 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 33.028 % | £74,314 | £299,314 |
| 3 Month Average | 8.874 % | £19,967 | £244,967 |
| 6 Month Average | 4.819 % | £10,841 | £235,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £280,307 | £276,000 | 50 BREAN AVENUE |
| 8 Sep 2023 | £296,537 | £290,000 | 8 BREAN AVENUE |
| 1 Sep 2023 | £309,830 | £303,000 | 50 WICHNOR ROAD |
| 31 Aug 2023 | £285,143 | £280,000 | 100 WICHNOR ROAD |
| 13 Feb 2023 | £407,724 | £405,000 | 71 WICHNOR ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 4 Nov 2021. Using an estimated price of £227,277 means this house is valued at £4,456 per sq meter (£414 per sq foot).
The average size of a house on BREAN AVENUE is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Wichnor Road | |
| Jul 2024 | Anti-social behaviour | On or near Wichnor Road | |
| Jul 2024 | Anti-social behaviour | On or near Wichnor Road | |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Wichnor Road |
| Jul 2024 | Anti-social behaviour | On or near Wichnor Road |