£161,203
This estimated value is based upon the latest sale price for the house of £131,000 on 5 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £131,000 | 5 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £131,000 results in an estimated price of approximately £161,203.
| 5 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £131,000 | £30,203 | £161,203 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 61.963 % | £81,171 | £212,171 |
| 3 Month Average | 17.190 % | £22,518 | £153,518 |
| 6 Month Average | 13.095 % | £17,153 | £148,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £55,827 | £55,000 | UNIT 28 STOWHEATH INDUSTRIAL ESTATE MONMORE ROAD |
| 2 Mar 2023 | £111,046 | £110,000 | UNIT 28A STOWHEATH INDUSTRIAL ESTATE MONMORE ROAD |
| 18 Jan 2023 | £104,508 | £105,000 | 379 BILSTON ROAD |
| 17 Jun 2022 | £162,294 | £160,000 | 6 GEORGE STREET |
| 26 Nov 2021 | £118,967 | £110,000 | 64 GEORGE STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 28 Aug 2013. Using an estimated price of £161,204 means this house is valued at £1,874 per sq meter (£174 per sq foot).
The average size of a house on PEMBROKE AVENUE is 105 sq meters (1,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Pembroke Avenue |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Hincks Street |
| Mar 2024 | Theft from the person | On or near Priestfield (Tram Stop) | |
| Jan 2024 | Violence and sexual offences | On or near Priestfield (Tram Stop) |