£239,915
This estimated value is based upon the latest sale price for the house of £194,000 on 3 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Burnham Avenue
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| Price Paid | Date |
|---|---|
| £194,000 | 3 Apr 2019 |
| £35,000 | 4 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £194,000 results in an estimated price of approximately £239,915.
| 3 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £194,000 | £45,915 | £239,915 |
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 | 55.561 % | £107,787 | £301,787 |
| 3 Month Average | 33.108 % | £64,229 | £258,229 |
| 6 Month Average | 30.775 % | £59,704 | £253,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £280,588 | £277,000 | 21 OXLEY LINKS ROAD |
| 28 Jul 2023 | £278,752 | £275,000 | 23 RIBBESFORD AVENUE |
| 24 Feb 2023 | £389,738 | £390,000 | 38 CAPSTONE AVENUE |
| 19 Aug 2022 | £189,490 | £190,000 | 43 RIBBESFORD AVENUE |
| 23 Jun 2022 | £238,369 | £235,000 | 35 LODGE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 13 Nov 2018. Using an estimated price of £239,916 means this house is valued at £2,399 per sq meter (£222 per sq foot).
The average size of a house on RIBBESFORD AVENUE is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnham Avenue |
| Feb 2024 | Burglary | Under investigation | On or near Burnham Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Burnham Avenue |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Capstone Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Manor Road |