£77,083
This estimated value is based upon the latest sale price for the house of £66,000 on 10 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £66,000 | 10 Nov 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 November 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £66,000 results in an estimated price of approximately £77,083.
| 10 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £66,000 | £11,083 | £77,083 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | -0.109 % | £-71 | £65,928 |
| 3 Month Average | -0.292 % | £-192 | £65,807 |
| 6 Month Average | 13.191 % | £8,705 | £74,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £274,213 | £270,000 | 5 LANGLEY ROAD |
| 10 Nov 2023 | £148,777 | £145,000 | 14 CROSS STREET |
| 7 Nov 2023 | £225,730 | £220,000 | 24 WOODFIELD AVENUE |
| 20 Oct 2023 | £153,486 | £150,000 | 24 NEW HENRY STREET |
| 16 Aug 2023 | £168,031 | £165,000 | 11 BARRS STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Oct 2020. Using an estimated price of £77,084 means this house is valued at £1,185 per sq meter (£110 per sq foot).
There is one other house on the street which we know the size of, this is 50 MILL LANE it is 65.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Bridgewater Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Bridgewater Avenue | |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bridgewater Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bridgewater Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maltings Avenue |