£70,564
This estimated value is based upon the latest sale price for the house of £53,000 on 4 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £53,000 | 4 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £53,000 results in an estimated price of approximately £70,564.
| 4 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £53,000 | £17,564 | £70,564 |
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 | 111.075 % | £58,869 | £111,869 |
| 3 Month Average | 45.132 % | £23,919 | £76,919 |
| 6 Month Average | 48.805 % | £25,866 | £78,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £189,810 | £187,000 | 74 FIFTH AVENUE |
| 28 Apr 2023 | £192,068 | £190,000 | 4 DICKINSON AVENUE |
| 14 Oct 2022 | £178,083 | £180,000 | 43 DICKINSON AVENUE |
| 10 Aug 2022 | £154,584 | £155,000 | 55 FOURTH AVENUE |
| 20 May 2022 | £91,728 | £90,000 | 11A SHOWELL CIRCUS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 Jan 2016. Using an estimated price of £70,565 means this house is valued at £1,053 per sq meter (£97 per sq foot).
The average size of a house on DICKINSON AVENUE is 86 sq meters (927 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Apr 2024 | Public order | Under investigation | On or near Third Avenue |
| Apr 2024 | Other crime | Under investigation | On or near Third Avenue |
| Feb 2024 | Anti-social behaviour | On or near Third Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Third Avenue |