£131,580
This estimated value is based upon the latest sale price for the house of £105,000 on 13 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 13 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £105,000 results in an estimated price of approximately £131,580.
| 13 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £105,000 | £26,580 | £131,580 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 18.575 % | £19,503 | £124,503 |
| 3 Month Average | 62.270 % | £65,383 | £170,383 |
| 6 Month Average | 37.538 % | £39,414 | £144,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £82,536 | £80,000 | 239 BIRMINGHAM NEW ROAD |
| 20 Nov 2023 | £141,594 | £138,000 | 64 NEWMAN AVENUE |
| 1 Nov 2023 | £86,188 | £84,000 | 157 HILTON ROAD |
| 31 Oct 2023 | £71,627 | £70,000 | 149 HILTON ROAD |
| 20 Oct 2023 | £64,464 | £63,000 | 34 FLORENCE AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 16 Aug 2013. Using an estimated price of £131,581 means this house is valued at £1,879 per sq meter (£174 per sq foot).
The average size of a house on NEWMAN AVENUE is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newman Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Avenue |
| May 2024 | Anti-social behaviour | On or near Florence Avenue | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Avenue |
| May 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Florence Avenue |