£168,207
This estimated value is based upon the latest sale price for the house of £116,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £116,000 | 31 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £116,000 results in an estimated price of approximately £168,207.
| 31 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £116,000 | £52,207 | £168,207 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 74.413 % | £86,318 | £202,318 |
| 3 Month Average | 73.239 % | £84,957 | £200,957 |
| 6 Month Average | 52.894 % | £61,357 | £177,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2024 | £245,500 | £245,500 | 29 PHILLIPS AVENUE |
| 31 May 2024 | £159,995 | £159,995 | 1 RAVEN CRESCENT |
| 17 May 2024 | £183,000 | £183,000 | 9 THORNLEY CLOSE |
| 1 Dec 2023 | £154,755 | £150,000 | 54 PHILLIPS AVENUE |
| 19 Jun 2023 | £158,170 | £155,000 | 60 PHILLIPS AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 25 Mar 2014. Using an estimated price of £168,207 means this house is valued at £2,213 per sq meter (£205 per sq foot).
The average size of a house on PHILLIPS AVENUE is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Phillips Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phillips Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phillips Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Phillips Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birch Road |