£193,465
This estimated value is based upon the latest sale price for the house of £157,000 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £157,000 | 30 Nov 2018 |
| £153,995 | 31 Oct 2007 |
| £132,000 | 14 Jul 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £157,000 results in an estimated price of approximately £193,465.
| 30 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £157,000 | £36,465 | £193,465 |
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 | 43.275 % | £67,941 | £224,941 |
| 3 Month Average | 37.670 % | £59,141 | £216,141 |
| 6 Month Average | 26.785 % | £42,051 | £199,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £158,344 | £156,000 | 163 RUTLAND AVENUE |
| 12 Sep 2023 | £194,487 | £192,000 | 11 WYNCHCOMBE AVENUE |
| 31 Mar 2023 | £219,064 | £217,000 | 18 HOLLYBUSH LANE |
| 20 Aug 2021 | £250,958 | £224,950 | 13 FANCOURT AVENUE |
| 6 Nov 2020 | £217,958 | £188,000 | 41 WYNCHCOMBE AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 20 Sep 2016. Using an estimated price of £193,466 means this house is valued at £2,126 per sq meter (£197 per sq foot).
The average size of a house on WYNCHCOMBE AVENUE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Wynchcombe Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wynchcombe Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wynchcombe Avenue |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Wynchcombe Avenue |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Hollybush Lane |