£549,033
This estimated value is based upon the latest sale price for the house of £350,000 on 4 Apr 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£350,000 | 4 Apr 2014 |
£125,000 | 12 Dec 1995 |
Detached |
Leasehold |
Floor Area: 224 sq meters or 2,411 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 April 2014 the House Price Index for WEST MIDLANDS was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £350,000 results in an estimated price of approximately £549,033.
4 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £350,000 | £199,033 | £549,033 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 61.147 % | £214,015 | £564,015 |
3 Month Average | 72.239 % | £252,837 | £602,837 |
6 Month Average | 78.760 % | £275,660 | £625,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2024 | £475,000 | £475,000 | 18 SOUTH AVENUE |
8 Apr 2024 | £580,037 | £575,000 | 2 CENTRAL AVENUE |
20 Dec 2023 | £160,946 | £156,000 | 16 ST AGATHAS ROAD |
13 Dec 2023 | £449,307 | £435,501 | 5 NORTH AVENUE |
15 Sep 2023 | £613,525 | £600,000 | 11 EAST AVENUE |
This house has a floor area of 224 sq meters or 2,411 sq feet when measured on 2 Jul 2013. Using an estimated price of £549,033 means this house is valued at £2,451 per sq meter (£227 per sq foot).
The average size of a house on NORTH AVENUE is 110 sq meters (1,184 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near East Avenue |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near St Ann'S Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Ann'S Road |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near St Ann'S Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near St Ann'S Road |