£159,500
This estimated value is based upon the latest sale price for the house of £115,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 27 Nov 2015 |
| £42,000 | 14 Feb 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £115,000 results in an estimated price of approximately £159,500.
| 27 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.0 | 38.696 % | £115,000 | £44,500 | £159,500 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 106.463 % | £122,431 | £237,431 |
| 3 Month Average | 80.341 % | £92,392 | £207,392 |
| 6 Month Average | 53.165 % | £61,139 | £176,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £220,746 | £220,000 | 52 MORRIS AVENUE |
| 17 Jul 2023 | £176,671 | £175,000 | 124 CHURCHILL ROAD |
| 19 Oct 2021 | £137,751 | £125,000 | 132 CHURCHILL ROAD |
| 23 Sep 2021 | £203,916 | £190,000 | 130 CHURCHILL ROAD |
| 23 Aug 2021 | £144,444 | £130,000 | 114 CHURCHILL ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Jun 2015. Using an estimated price of £159,501 means this house is valued at £1,715 per sq meter (£159 per sq foot).
The average size of a house on MORRIS AVENUE is 103 sq meters (1,118 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Wingate Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wolverhampton Road West |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wolverhampton Road West |
| Jan 2024 | Anti-social behaviour | On or near Wolverhampton Road West | |
| Jan 2024 | Anti-social behaviour | On or near Wolverhampton Road West |