£292,301
This estimated value is based upon the latest sale price for the house of £280,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £280,000 | 25 Mar 2022 |
| £250,000 | 26 Oct 2018 |
| £162,500 | 5 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £280,000 results in an estimated price of approximately £292,301.
| 25 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £280,000 | £12,301 | £292,301 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 92.322 % | £258,502 | £538,502 |
| 3 Month Average | 26.296 % | £73,628 | £353,628 |
| 6 Month Average | 9.776 % | £27,373 | £307,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £243,745 | £240,000 | 79 WITLEY AVENUE |
| 6 Oct 2023 | £286,507 | £280,000 | 2 LONGMOOR ROAD |
| 30 Aug 2023 | £341,153 | £335,000 | 26 LONGMOOR ROAD |
| 25 Aug 2023 | £312,639 | £307,000 | 6 LUTLEY AVENUE |
| 10 Aug 2023 | £361,520 | £355,000 | 21 LUTLEY AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Aug 2018. Using an estimated price of £292,301 means this house is valued at £3,247 per sq meter (£301 per sq foot).
The average size of a house on LUTLEY AVENUE is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hanley Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St John'S Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haswell Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haswell Road |
| Jul 2024 | Other theft | Under investigation | On or near Lutley Mill Road |