£274,495
This estimated value is based upon the latest sale price for the house of £225,000 on 24 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 24 Jun 2020 |
| £93,000 | 16 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £225,000 results in an estimated price of approximately £274,495.
| 24 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £225,000 | £49,495 | £274,495 |
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 | -41.721 % | £-93,871 | £131,128 |
| 3 Month Average | -2.408 % | £-5,417 | £219,582 |
| 6 Month Average | 40.066 % | £90,148 | £315,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £221,402 | £218,000 | 58 HILSTON AVENUE |
| 8 Sep 2023 | £219,846 | £215,000 | 117 HILSTON AVENUE |
| 17 Mar 2023 | £355,944 | £350,000 | 25 SPRINGHILL GROVE |
| 21 Oct 2022 | £199,334 | £200,000 | 11 SPRINGHILL GROVE |
| 15 Jul 2022 | £217,176 | £215,000 | 37 HILSTON AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 13 Feb 2020. Using an estimated price of £274,495 means this house is valued at £2,541 per sq meter (£236 per sq foot).
The average size of a house on SPRINGHILL GROVE is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Hilston Avenue | |
| Oct 2024 | Anti-social behaviour | On or near Hilston Avenue | |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hilston Avenue |
| Nov 2024 | Criminal damage and arson | Awaiting court outcome | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |