£105,359
This estimated value is based upon the latest sale price for the house of £70,000 on 1 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £70,000 | 1 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £70,000 results in an estimated price of approximately £105,359.
| 1 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £70,000 | £35,359 | £105,359 |
The Postcode Pricing Model uses changes in average sales price within the B19 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 | 108.202 % | £75,741 | £145,741 |
| 3 Month Average | 85.481 % | £59,836 | £129,836 |
| 6 Month Average | 84.567 % | £59,197 | £129,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £131,954 | £130,000 | 49 VENTNOR AVENUE |
| 11 Aug 2023 | £706,178 | £700,000 | 171 MELBOURNE AVENUE |
| 9 Jun 2023 | £34,670 | £34,250 | 165 WHEELER STREET |
| 14 Feb 2022 | £188,765 | £180,000 | 43 ROSLIN GROVE |
| 25 Nov 2021 | £81,114 | £75,000 | 3 SHOPPING CENTRE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 3 Aug 2013. Using an estimated price of £105,360 means this house is valued at £1,225 per sq meter (£113 per sq foot).
The average size of a house on MELBOURNE AVENUE is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Melbourne Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ventnor Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ventnor Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ventnor Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ventnor Avenue |