£88,119
This estimated value is based upon the latest sale price for the house of £47,000 on 25 Apr 2005. 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 Welbeck Avenue
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| Price Paid | Date |
|---|---|
| £47,000 | 25 Apr 2005 |
| £30,000 | 22 Jul 2003 |
| Terraced |
| Freehold |
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 April 2005 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £47,000 results in an estimated price of approximately £88,119.
| 25 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £47,000 | £41,119 | £88,119 |
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 | 61.004 % | £28,672 | £75,672 |
| 3 Month Average | 91.366 % | £42,942 | £89,942 |
| 6 Month Average | 91.845 % | £43,167 | £90,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £91,653 | £90,000 | 71 HUMPHRIES ROAD |
| 15 Feb 2023 | £201,345 | £200,000 | 13 WELBECK AVENUE |
| 10 Feb 2023 | £125,841 | £125,000 | 118 SHOWELL ROAD |
| 12 Oct 2022 | £90,697 | £91,000 | 69 HUMPHRIES ROAD |
| 11 Jan 2022 | £162,210 | £153,000 | 57 SHOWELL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Welbeck Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Showell Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Showell Road |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Showell Road |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Showell Road |