£156,160
This estimated value is based upon the latest sale price for the house of £155,000 on 25 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,000 | 25 Apr 2023 |
| £42,000 | 29 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 April 2023 the House Price Index for WEST MIDLANDS was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £155,000 results in an estimated price of approximately £156,160.
| 25 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.0 | 0.749 % | £155,000 | £1,160 | £156,160 |
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 | 25.011 % | £38,766 | £193,766 |
| 3 Month Average | -4.368 % | £-6,770 | £148,229 |
| 6 Month Average | -3.511 % | £-5,441 | £149,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £178,603 | £178,000 | 19 GORDON AVENUE |
| 15 Dec 2023 | £259,917 | £255,000 | 9 MOUNT ROAD |
| 30 Nov 2023 | £182,847 | £180,500 | 5 CRAWFORD AVENUE |
| 17 Nov 2023 | £182,341 | £180,000 | 21 GORDON AVENUE |
| 12 Jul 2023 | £126,194 | £125,000 | 31 PRITCHETT AVENUE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 10 Sep 2020. Using an estimated price of £156,161 means this house is valued at £1,323 per sq meter (£122 per sq foot).
The average size of a house on HILL AVENUE is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Avenue |