£71,025
This estimated value is based upon the latest sale price for the house of £57,000 on 3 Aug 2018. 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 Bay Avenue
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| Price Paid | Date |
|---|---|
| £57,000 | 3 Aug 2018 |
| £94,952 | 8 Aug 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £57,000 results in an estimated price of approximately £71,025.
| 3 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £57,000 | £14,025 | £71,025 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 75.183 % | £42,854 | £99,854 |
| 3 Month Average | 49.002 % | £27,931 | £84,931 |
| 6 Month Average | 42.405 % | £24,170 | £81,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2024 | £287,000 | £287,000 | 106 BAY AVENUE |
| 4 Apr 2023 | £193,622 | £190,000 | 92 BAY AVENUE |
| 5 Aug 2022 | £126,592 | £126,000 | 56 LOXDALE SIDINGS |
| 13 May 2022 | £217,671 | £212,000 | 28 LARCH GARDENS |
| 22 Feb 2022 | £195,445 | £185,000 | 21 LARCH GARDENS |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 28 Jan 2010. Using an estimated price of £71,025 means this house is valued at £1,775 per sq meter (£164 per sq foot).
The average size of a house on BAY AVENUE is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Bay Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bay Avenue |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bay Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bay Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larch Gardens |