£160,442
This estimated value is based upon the latest sale price for the house of £122,500 on 15 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Spring Avenue
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| Price Paid | Date |
|---|---|
| £122,500 | 15 Feb 2017 |
| £111,000 | 20 Aug 2007 |
| £93,000 | 3 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £122,500 results in an estimated price of approximately £160,442.
| 15 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £122,500 | £37,942 | £160,442 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 73.822 % | £90,432 | £212,932 |
| 3 Month Average | 45.848 % | £56,164 | £178,664 |
| 6 Month Average | 52.554 % | £64,378 | £186,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2024 | £100,000 | £100,000 | 27 AQUA COURT CARDALE STREET |
| 22 May 2024 | £145,000 | £145,000 | 30 SPRING AVENUE |
| 29 Sep 2023 | £132,930 | £130,000 | 38 AQUA COURT CARDALE STREET |
| 28 Oct 2022 | £144,517 | £145,000 | 32 BRITANNIA ROAD |
| 31 Mar 2022 | £167,029 | £160,000 | 26 BRITANNIA ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 8 Jul 2014. Using an estimated price of £160,442 means this house is valued at £2,865 per sq meter (£266 per sq foot).
The average size of a house on BRITANNIA ROAD is 67 sq meters (725 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Spring Avenue |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Spring Avenue |
| Aug 2024 | Anti-social behaviour | On or near Spring Avenue | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Spring Avenue |
| Aug 2024 | Anti-social behaviour | On or near Spring Avenue |