£284,917
This estimated value is based upon the latest sale price for the house of £180,500 on 29 Feb 2008. 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 Bay Avenue
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| Price Paid | Date |
|---|---|
| £180,500 | 29 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 February 2008 the House Price Index for WEST MIDLANDS was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £180,500 results in an estimated price of approximately £284,917.
| 29 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £180,500 | £104,417 | £284,917 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 73.844 % | £133,288 | £313,788 |
| 3 Month Average | 67.395 % | £121,647 | £302,147 |
| 6 Month Average | 59.686 % | £107,732 | £288,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2024 | £287,000 | £287,000 | 106 BAY AVENUE |
| 4 Apr 2023 | £193,622 | £190,000 | 92 BAY AVENUE |
| 13 May 2022 | £217,671 | £212,000 | 28 LARCH GARDENS |
| 22 Feb 2022 | £195,445 | £185,000 | 21 LARCH GARDENS |
| 10 Dec 2021 | £75,552 | £70,000 | 14 BAY AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 20 Feb 2013. Using an estimated price of £284,918 means this house is valued at £2,820 per sq meter (£262 per sq foot).
The average size of a house on BAY AVENUE is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Bay Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bay Avenue |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bay Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bay Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larch Gardens |