£80,697
This estimated value is based upon the latest sale price for the house of £67,000 on 16 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Old Fallings Crescent
More crime details
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| Price Paid | Date |
|---|---|
| £67,000 | 16 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £67,000 results in an estimated price of approximately £80,697.
| 16 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £67,000 | £13,697 | £80,697 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 102.456 % | £68,645 | £135,645 |
| 3 Month Average | 25.637 % | £17,177 | £84,177 |
| 6 Month Average | 24.372 % | £16,329 | £83,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £189,810 | £187,000 | 74 FIFTH AVENUE |
| 28 Apr 2023 | £192,068 | £190,000 | 4 DICKINSON AVENUE |
| 14 Oct 2022 | £178,083 | £180,000 | 43 DICKINSON AVENUE |
| 10 Aug 2022 | £154,584 | £155,000 | 55 FOURTH AVENUE |
| 20 May 2022 | £91,728 | £90,000 | 11A SHOWELL CIRCUS |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 20 Jun 2019. Using an estimated price of £80,697 means this house is valued at £1,322 per sq meter (£122 per sq foot).
The average size of a house on SECOND AVENUE is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Fallings Crescent |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Fallings Crescent |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Old Fallings Crescent |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Fallings Crescent |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Fallings Crescent |