£170,621
This estimated value is based upon the latest sale price for the house of £168,000 on 28 Mar 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£168,000 | 28 Mar 2024 |
£50,745 | 9 Oct 1999 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 940 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 2024 the House Price Index for WEST MIDLANDS was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £168,000 results in an estimated price of approximately £170,621.
28 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £168,000 | £2,621 | £170,621 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 31.802 % | £53,428 | £221,428 |
3 Month Average | 11.857 % | £19,920 | £187,920 |
6 Month Average | 18.914 % | £31,775 | £199,775 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £233,000 | £233,000 | 49 BIRCHES BARN AVENUE |
19 Apr 2024 | £201,752 | £200,000 | 16 WALFORD AVENUE |
28 Mar 2024 | £170,621 | £168,000 | 54 BIRCHES BARN ROAD |
4 Nov 2022 | £205,539 | £206,500 | 4 BIRCHES BARN AVENUE |
14 Jul 2022 | £277,783 | £275,000 | 16 BIRCHES BARN AVENUE |
This house has a floor area of 87 sq meters or 940 sq feet when measured on 17 Sep 2010. Using an estimated price of £170,621 means this house is valued at £1,953 per sq meter (£181 per sq foot).
The average size of a house on BIRCHES BARN ROAD is 113 sq meters (1,221 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hughes Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Hughes Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hughes Avenue |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Little Birches |
May 2024 | Public order | Under investigation | On or near Walford Avenue |