£203,081
This estimated value is based upon the latest sale price for the house of £118,000 on 8 Jul 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Davis Avenue
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| Price Paid | Date |
|---|---|
| £118,000 | 8 Jul 2011 |
| £116,000 | 17 Apr 2009 |
| £65,950 | 6 Sep 2002 |
| £61,450 | 25 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 750 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.103%.Applying this 72.103% change to the original purchase price of £118,000 results in an estimated price of approximately £203,081.
| 8 Jul 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.103 % | £118,000 | £85,081 | £203,081 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -5.169 % | £-6,099 | £111,900 |
| 3 Month Average | -6.123 % | £-7,224 | £110,775 |
| 6 Month Average | 12.290 % | £14,501 | £132,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jan 2023 | £178,433 | £180,000 | 53 MADIN ROAD |
| 26 Oct 2022 | £137,949 | £140,000 | 4 SHERWOOD AVENUE |
| 1 Apr 2022 | £171,282 | £167,000 | 11 DAVIS AVENUE |
| 1 Oct 2021 | £110,201 | £100,000 | 4 DAVIS AVENUE |
| 30 Jul 2021 | £206,032 | £180,000 | 52 MADIN ROAD |
This house has a floor area of 69 sq meters or 750 sq feet when measured on 22 Apr 2011. Using an estimated price of £203,081 means this house is valued at £2,913 per sq meter (£270 per sq foot).
The average size of a house on DAVIS AVENUE is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Davis Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Davis Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Davis Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madin Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madin Road |