£229,083
This estimated value is based upon the latest sale price for the house of £226,000 on 24 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £226,000 | 24 Jul 2023 |
| £240,000 | 23 Jun 2023 |
| £117,500 | 17 Apr 2015 |
| £128,000 | 19 Jan 2006 |
| £77,000 | 30 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2023 the House Price Index for WEST MIDLANDS was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £226,000 results in an estimated price of approximately £229,083.
| 24 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £226,000 | £3,083 | £229,083 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -52.670 % | £-119,035 | £106,964 |
| 3 Month Average | -22.521 % | £-50,897 | £175,102 |
| 6 Month Average | 0.081 % | £183 | £226,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £177,630 | £175,000 | 14 ELM AVENUE |
| 24 Jul 2023 | £229,083 | £226,000 | 58 BEECHWOOD AVENUE |
| 29 Mar 2023 | £201,902 | £200,000 | 74 BLACKHALVE LANE |
| 27 Jan 2023 | £238,875 | £240,000 | 67 LONG KNOWLE LANE |
| 8 Nov 2022 | £123,504 | £125,000 | 75 LONG KNOWLE LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 2 Jul 2014. Using an estimated price of £229,083 means this house is valued at £2,793 per sq meter (£259 per sq foot).
The average size of a house on BEECHWOOD AVENUE is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elm Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Apr 2024 | Vehicle crime | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |