£200,636
This estimated value is based upon the latest sale price for the house of £187,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£187,000 | 24 Jun 2021 |
£120,000 | 5 Sep 2011 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 914 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £187,000 results in an estimated price of approximately £200,636.
24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £187,000 | £13,636 | £200,636 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -7.292 % | £-13,635 | £173,364 |
3 Month Average | -25.065 % | £-46,871 | £140,128 |
6 Month Average | -4.843 % | £-9,056 | £177,943 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £177,630 | £175,000 | 14 ELM AVENUE |
24 Jul 2023 | £229,083 | £226,000 | 58 BEECHWOOD AVENUE |
29 Mar 2023 | £201,902 | £200,000 | 74 BLACKHALVE LANE |
27 Jan 2023 | £238,875 | £240,000 | 67 LONG KNOWLE LANE |
8 Nov 2022 | £123,504 | £125,000 | 75 LONG KNOWLE LANE |
This house has a floor area of 84 sq meters or 914 sq feet when measured on 20 Jun 2011. Using an estimated price of £200,637 means this house is valued at £2,362 per sq meter (£219 per sq foot).
The average size of a house on BEECHWOOD AVENUE is 88 sq meters (955 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elm Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
Mar 2024 | Anti-social behaviour | On or near Supermarket | |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Supermarket |