£393,700
This estimated value is based upon the latest sale price for the house of £310,000 on 10 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £310,000 | 10 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £310,000 results in an estimated price of approximately £393,700.
| 10 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £310,000 | £83,700 | £393,700 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 77.853 % | £241,343 | £551,343 |
| 3 Month Average | 48.971 % | £151,809 | £461,809 |
| 6 Month Average | 42.096 % | £130,496 | £440,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £268,243 | £260,000 | 6 NORBRECK CLOSE |
| 18 Oct 2023 | £146,323 | £143,000 | 47 AMBURY WAY |
| 19 Nov 2021 | £1,089,520 | £1,000,000 | FLAT 32 FAIRYFIELD HOUSE NEWTON ROAD |
| 9 Jul 2021 | £157,457 | £136,000 | 3 HIGH BEECHES |
| 15 Jun 2021 | £108,033 | £99,950 | 23 AMBURY WAY |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 6 Sep 2017. Using an estimated price of £393,700 means this house is valued at £4,525 per sq meter (£420 per sq foot).
The average size of a house on FAIRYFIELD AVENUE is 166 sq meters (1,793 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near High Beeches |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near High Beeches |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Norbreck Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norbreck Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norbreck Close |