£127,697
This estimated value is based upon the latest sale price for the house of £101,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £101,000 | 19 Jan 2018 |
| £25,000 | 12 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £101,000 results in an estimated price of approximately £127,697.
| 19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £101,000 | £26,697 | £127,697 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 10.189 % | £10,290 | £111,290 |
| 3 Month Average | 45.402 % | £45,855 | £146,855 |
| 6 Month Average | 37.092 % | £37,463 | £138,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £144,672 | £141,000 | 36 FORDHOUSE ROAD |
| 21 Aug 2023 | £214,875 | £211,000 | 46 PURCELL ROAD |
| 1 Jun 2023 | £214,294 | £210,000 | 307 BUSHBURY LANE |
| 6 May 2022 | £184,815 | £180,000 | 111 PURCELL ROAD |
| 11 Mar 2022 | £94,476 | £90,500 | 53 PURCELL ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Feb 2015. Using an estimated price of £127,697 means this house is valued at £1,616 per sq meter (£150 per sq foot).
The average size of a house on MORRISON AVENUE is 112 sq meters (1,205 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Malvern Court | |
| Sep 2024 | Bicycle theft | Unable to prosecute suspect | On or near Malvern Court |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Malvern Court |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Malvern Court |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morrison Avenue |