£140,769
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 29 Oct 2020 |
| £97,500 | 24 Aug 2016 |
| £83,500 | 17 Nov 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £120,000 results in an estimated price of approximately £140,769.
| 29 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £120,000 | £20,769 | £140,769 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 2.056 % | £2,466 | £122,466 |
| 3 Month Average | 4.706 % | £5,646 | £125,646 |
| 6 Month Average | 13.315 % | £15,978 | £135,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £330,899 | £326,000 | 43 COUNTY PARK AVENUE |
| 9 Nov 2022 | £128,444 | £130,000 | 40 HAMILTON AVENUE |
| 22 Jul 2022 | £89,240 | £89,000 | 38 HAMILTON AVENUE |
| 1 Apr 2022 | £92,682 | £90,000 | 2 SANDALS RISE |
| 20 Jul 2021 | £333,287 | £290,000 | 5 HAMILTON AVENUE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 7 May 2016. Using an estimated price of £140,770 means this house is valued at £2,815 per sq meter (£261 per sq foot).
The average size of a house on SANDALS RISE is 52 sq meters (564 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandals Rise |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandals Rise |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Newbury Close |
| Dec 2023 | Anti-social behaviour | On or near County Park Avenue |