£292,758
This estimated value is based upon the latest sale price for the house of £135,000 on 19 Dec 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£135,000 | 19 Dec 2003 |
£47,000 | 28 May 1999 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 2003 the House Price Index for WEST MIDLANDS was 68.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 116.858%.Applying this 116.858% change to the original purchase price of £135,000 results in an estimated price of approximately £292,758.
19 Dec 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.0 | 116.858 % | £135,000 | £157,758 | £292,758 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 175.532 % | £236,968 | £371,968 |
3 Month Average | 95.515 % | £128,945 | £263,945 |
6 Month Average | 85.796 % | £115,825 | £250,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £223,756 | £223,000 | 17 FLORENCE AVENUE |
23 Nov 2023 | £341,383 | £337,000 | 5 HOLIFAST ROAD |
14 Aug 2023 | £281,713 | £280,000 | 1 HOLIFAST ROAD |
20 Jul 2023 | £232,196 | £230,000 | 11 FLORENCE AVENUE |
14 Jul 2023 | £287,722 | £285,000 | 1 HOLLIFAST LANE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Jan 2020. Using an estimated price of £292,759 means this house is valued at £4,574 per sq meter (£424 per sq foot).
The average size of a house on FLORENCE AVENUE is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Florence Avenue |
Mar 2024 | Other theft | Under investigation | On or near Florence Avenue |
Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Parking Area |
Apr 2024 | Drugs | Under investigation | On or near Parking Area |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |