£169,372
This estimated value is based upon the latest sale price for the house of £138,000 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £138,000 | 5 Oct 2018 |
| £90,000 | 21 Oct 2005 |
| £32,000 | 9 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £138,000 results in an estimated price of approximately £169,372.
| 5 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £138,000 | £31,372 | £169,372 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 16.950 % | £23,390 | £161,390 |
| 3 Month Average | 1.874 % | £2,586 | £140,586 |
| 6 Month Average | 12.803 % | £17,668 | £155,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £157,016 | £155,000 | 55 ALMOND TREE AVENUE |
| 31 Jul 2023 | £282,674 | £280,000 | 64 ALDERMANS GREEN ROAD |
| 17 Mar 2023 | £145,788 | £145,000 | 65 HONEYSUCKLE DRIVE |
| 22 Feb 2023 | £223,941 | £225,000 | 41 ALDERMANS GREEN ROAD |
| 24 Nov 2022 | £113,165 | £115,000 | 6 FUCHSIA CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 May 2018. Using an estimated price of £169,372 means this house is valued at £2,016 per sq meter (£187 per sq foot).
There is one other house on the street which we know the size of, this is 2 FERN CLOSE it is 83.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Palm Tree Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palm Tree Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palm Tree Avenue |
| Apr 2024 | Anti-social behaviour | On or near Palm Tree Avenue | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Palm Tree Avenue |