£281,864
This estimated value is based upon the latest sale price for the house of £175,000 on 27 Jun 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 27 Jun 2008 |
| £182,950 | 4 Jun 2004 |
| Semi-Detached |
| Freehold |
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 June 2008 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 61.066%.Applying this 61.066% change to the original purchase price of £175,000 results in an estimated price of approximately £281,864.
| 27 Jun 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.0 | 61.066 % | £175,000 | £106,864 | £281,864 |
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 | 43.564 % | £76,237 | £251,237 |
| 3 Month Average | 22.417 % | £39,229 | £214,229 |
| 6 Month Average | 27.740 % | £48,544 | £223,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £239,532 | £235,000 | 46 LYTTON AVENUE |
| 23 Aug 2023 | £14,086 | £14,000 | 474 PENN ROAD |
| 31 Mar 2023 | £218,179 | £217,000 | 18 HOLLYBUSH LANE |
| 6 Feb 2023 | £244,494 | £245,650 | 11 FANCOURT AVENUE |
| 17 Oct 2022 | £285,752 | £290,000 | 19 LYTTON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Lytton Avenue |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Hollybush Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollybush Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollybush Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |