£193,830
This estimated value is based upon the latest sale price for the house of £156,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £156,000 | 12 Jul 2019 |
| £105,000 | 15 Jan 2018 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £156,000 results in an estimated price of approximately £193,830.
| 12 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £156,000 | £37,830 | £193,830 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 7.082 % | £11,048 | £167,048 |
| 3 Month Average | 16.504 % | £25,746 | £181,746 |
| 6 Month Average | 20.316 % | £31,693 | £187,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £197,500 | £197,500 | 17 YULE ROAD |
| 28 Mar 2024 | £167,575 | £165,000 | 30 KELVIN AVENUE |
| 18 Dec 2023 | £199,119 | £193,000 | 6 YULE ROAD |
| 29 Nov 2023 | £191,870 | £187,000 | 63 WYKEN AVENUE |
| 23 Oct 2023 | £189,299 | £185,000 | 18 YULE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 16 Aug 2017. Using an estimated price of £193,831 means this house is valued at £3,177 per sq meter (£295 per sq foot).
The average size of a house on OLIVE AVENUE is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Olive Avenue |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Olive Avenue |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitnash Grove |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitnash Grove |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Tiverton Road |