£100,940
This estimated value is based upon the latest sale price for the house of £69,000 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £69,000 | 5 Jun 2015 |
| £41,000 | 22 Nov 2002 |
| £20,000 | 8 Nov 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 37 sq meters or 398 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 June 2015 the House Price Index for WEST MIDLANDS was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £69,000 results in an estimated price of approximately £100,940.
| 5 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £69,000 | £31,940 | £100,940 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 32.266 % | £22,263 | £91,263 |
| 3 Month Average | 58.625 % | £40,451 | £109,451 |
| 6 Month Average | 65.560 % | £45,236 | £114,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £120,000 | £120,000 | 1 DICKINSON AVENUE |
| 29 Apr 2024 | £121,051 | £120,000 | 68 OLD FALLINGS CRESCENT |
| 8 Nov 2023 | £191,870 | £187,000 | 74 FIFTH AVENUE |
| 12 Oct 2023 | £121,766 | £119,000 | 67 DICKINSON AVENUE |
| 12 Sep 2023 | £128,840 | £126,000 | 61 DICKINSON AVENUE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 25 Jun 2018. Using an estimated price of £100,940 means this house is valued at £2,728 per sq meter (£253 per sq foot).
The average size of a house on SECOND AVENUE is 83 sq meters (894 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fifth Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fifth Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fifth Avenue |
| Oct 2024 | Anti-social behaviour | On or near Fifth Avenue | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |