£568,673
This estimated value is based upon the latest sale price for the house of £327,500 on 2 Dec 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£327,500 | 2 Dec 2011 |
Semi-Detached |
Freehold |
Floor Area: 139 sq meters or 1,497 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 December 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £327,500 results in an estimated price of approximately £568,673.
2 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £327,500 | £241,173 | £568,673 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 68.549 % | £224,496 | £551,996 |
3 Month Average | 79.851 % | £261,512 | £589,012 |
6 Month Average | 81.560 % | £267,107 | £594,607 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2024 | £475,000 | £475,000 | 18 SOUTH AVENUE |
17 May 2024 | £385,000 | £385,000 | 22 EAST AVENUE |
8 Apr 2024 | £580,037 | £575,000 | 2 CENTRAL AVENUE |
13 Dec 2023 | £449,307 | £435,501 | 5 NORTH AVENUE |
15 Sep 2023 | £613,525 | £600,000 | 11 EAST AVENUE |
This house has a floor area of 139 sq meters or 1,497 sq feet when measured on 22 Apr 2011. Using an estimated price of £568,674 means this house is valued at £4,088 per sq meter (£379 per sq foot).
The average size of a house on SOUTH AVENUE is 162 sq meters (1,747 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Under investigation | On or near South Avenue |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near East Avenue |
Aug 2024 | Anti-social behaviour | On or near West Avenue | |
Aug 2024 | Anti-social behaviour | On or near West Avenue | |
Oct 2024 | Vehicle crime | Under investigation | On or near Brays Lane |