£301,560
This estimated value is based upon the latest sale price for the house of £244,500 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £244,500 | 12 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £244,500 results in an estimated price of approximately £301,560.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £244,500 | £57,060 | £301,560 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 4.281 % | £10,466 | £254,966 |
| 3 Month Average | 6.062 % | £14,822 | £259,322 |
| 6 Month Average | 23.767 % | £58,109 | £302,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £275,000 | £275,000 | 10 MAYFIELD ROAD |
| 21 Mar 2023 | £212,502 | £210,500 | 73 MIDDLEFIELD AVENUE |
| 10 Mar 2023 | £111,046 | £110,000 | 11 MIDDLEFIELD GARDENS |
| 12 Aug 2022 | £254,315 | £255,000 | 11 ALVIN CLOSE |
| 1 Aug 2022 | £304,181 | £305,000 | 2 MAYFIELD ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 22 May 2018. Using an estimated price of £301,560 means this house is valued at £3,242 per sq meter (£301 per sq foot).
The average size of a house on MIDDLEFIELD AVENUE is 99 sq meters (1,069 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Moat Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfield Road |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Mayfield Road |
| Dec 2023 | Other theft | Under investigation | On or near Alvin Close |