£53,957
This estimated value is based upon the latest sale price for the house of £45,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £45,000 | 21 Aug 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £45,000 results in an estimated price of approximately £53,957.
| 21 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £45,000 | £8,957 | £53,957 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | -56.555 % | £-25,449 | £19,550 |
| 3 Month Average | 23.213 % | £10,445 | £55,445 |
| 6 Month Average | 18.175 % | £8,178 | £53,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £170,525 | £168,000 | 48 CHERRY TREE COURT |
| 8 Sep 2023 | £74,452 | £73,500 | 55A CARLTON AVENUE |
| 1 Sep 2023 | £212,720 | £210,000 | 21 FARMCROFT ROAD |
| 21 Jul 2023 | £179,922 | £177,500 | 31 HOB GREEN ROAD |
| 15 Jun 2023 | £161,962 | £160,000 | 18 ARCHER COURT |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 10 Apr 2013. Using an estimated price of £53,958 means this house is valued at £1,199 per sq meter (£111 per sq foot).
The average size of a house on CARLTON AVENUE is 109 sq meters (1,176 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherrytree Court |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Cherrytree Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherrytree Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Carlton Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Archer Court |