£129,516
This estimated value is based upon the latest sale price for the house of £120,000 on 13 Dec 2021. 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 Welbeck Avenue
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| Price Paid | Date |
|---|---|
| £120,000 | 13 Dec 2021 |
| £63,500 | 10 Feb 2006 |
| £24,000 | 5 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 £120,000 results in an estimated price of approximately £129,516.
| 13 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £120,000 | £9,516 | £129,516 |
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 % | £-73,843 | £46,156 |
| 3 Month Average | -0.166 % | £-199 | £119,800 |
| 6 Month Average | 8.356 % | £10,027 | £130,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £91,653 | £90,000 | 71 HUMPHRIES ROAD |
| 15 Feb 2023 | £201,345 | £200,000 | 13 WELBECK AVENUE |
| 10 Feb 2023 | £125,841 | £125,000 | 118 SHOWELL ROAD |
| 12 Oct 2022 | £90,697 | £91,000 | 69 HUMPHRIES ROAD |
| 11 Jan 2022 | £162,210 | £153,000 | 57 SHOWELL ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Mar 2014. Using an estimated price of £129,517 means this house is valued at £1,639 per sq meter (£152 per sq foot).
The average size of a house on SHOWELL ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Welbeck Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Showell Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Showell Road |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Showell Road |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Showell Road |