£284,386
This estimated value is based upon the latest sale price for the house of £167,500 on 26 Oct 2012. 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 Howley Grange Road
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| Price Paid | Date |
|---|---|
| £167,500 | 26 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 October 2012 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £167,500 results in an estimated price of approximately £284,386.
| 26 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £167,500 | £116,886 | £284,386 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 50.534 % | £84,645 | £252,145 |
| 3 Month Average | 47.248 % | £79,141 | £246,641 |
| 6 Month Average | 69.536 % | £116,473 | £283,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £276,029 | £272,500 | 89 FRANKLEY AVENUE |
| 24 Jul 2023 | £346,666 | £342,000 | 71 FRANKLEY AVENUE |
| 21 Jul 2023 | £369,980 | £365,000 | 25 KING CHARLES ROAD |
| 14 Jul 2023 | £582,844 | £575,000 | 38 KING CHARLES ROAD |
| 16 Jun 2023 | £222,698 | £220,000 | 87 FRANKLEY AVENUE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 14 Jul 2012. Using an estimated price of £284,386 means this house is valued at £2,275 per sq meter (£211 per sq foot).
The average size of a house on BOURNE AVENUE is 101 sq meters (1,097 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howley Grange Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Howley Grange Road |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Howley Grange Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bourne Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lydate Road |