£172,689
This estimated value is based upon the latest sale price for the house of £160,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 17 Dec 2021 |
| £130,000 | 5 May 2017 |
| £90,000 | 5 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £160,000 results in an estimated price of approximately £172,689.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £160,000 | £12,689 | £172,689 |
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 | -61.536 % | £-98,458 | £61,541 |
| 3 Month Average | -0.166 % | £-265 | £159,734 |
| 6 Month Average | 8.356 % | £13,369 | £173,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £199,119 | £193,000 | 39 HIGHFIELD AVENUE |
| 2 Mar 2023 | £183,057 | £180,000 | 20 HIGHFIELD AVENUE |
| 10 Feb 2023 | £95,639 | £95,000 | 11 WATERHEAD CLOSE |
| 28 Jul 2022 | £126,265 | £125,000 | 36 HIGHFIELD AVENUE |
| 22 Jul 2022 | £214,651 | £212,500 | 18 WATERHEAD DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 17 Jan 2017. Using an estimated price of £172,689 means this house is valued at £2,055 per sq meter (£190 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Edge Hill Avenue |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Edge Hill Avenue |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Edge Hill Avenue |