£495,110
This estimated value is based upon the latest sale price for the house of £335,000 on 20 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £335,000 | 20 Feb 2015 |
| £250,000 | 24 Feb 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 February 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £335,000 results in an estimated price of approximately £495,110.
| 20 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £335,000 | £160,110 | £495,110 |
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 | 37.255 % | £124,803 | £459,803 |
| 3 Month Average | 32.041 % | £107,336 | £442,336 |
| 6 Month Average | 54.529 % | £182,670 | £517,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £607,771 | £600,000 | 11 EAST AVENUE |
| 13 Jun 2023 | £496,008 | £490,000 | 1 NORTH AVENUE |
| 27 Jul 2022 | £581,565 | £580,000 | 4 SOUTH AVENUE |
| 7 Apr 2022 | £296,067 | £287,500 | 40 SOUTH AVENUE |
| 25 Mar 2022 | £313,987 | £303,000 | APARTMENT 1 ELM BANK, 9 NORTH AVENUE |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 18 Nov 2014. Using an estimated price of £495,111 means this house is valued at £3,215 per sq meter (£298 per sq foot).
The average size of a house on SOUTH AVENUE is 162 sq meters (1,747 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near South Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Central Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near East Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Avenue |
| Feb 2024 | Burglary | Under investigation | On or near West Avenue |