£207,705
This estimated value is based upon the latest sale price for the house of £60,000 on 12 Apr 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 12 Apr 2001 |
| £40,000 | 25 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2001 the House Price Index for WEST MIDLANDS was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £60,000 results in an estimated price of approximately £207,705.
| 12 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £60,000 | £147,705 | £207,705 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 151.149 % | £90,689 | £150,689 |
| 3 Month Average | 216.048 % | £129,628 | £189,628 |
| 6 Month Average | 219.585 % | £131,751 | £191,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £233,456 | £230,000 | 79 CENTRAL AVENUE |
| 31 Mar 2023 | £211,997 | £210,000 | 5 ROWAN WAY |
| 30 Nov 2022 | £177,846 | £180,000 | 92 CENTRAL AVENUE |
| 23 Aug 2022 | £211,431 | £212,000 | 65 CONEY GREEN DRIVE |
| 31 May 2022 | £254,801 | £250,000 | 9 MAPLE WAY |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Dec 2013. Using an estimated price of £207,706 means this house is valued at £3,010 per sq meter (£279 per sq foot).
The average size of a house on CENTRAL AVENUE is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maple Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Maple Way |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Maple Way |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Central Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Central Avenue |