£149,698
This estimated value is based upon the latest sale price for the house of £104,000 on 28 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £104,000 | 28 Jul 2015 |
| £84,000 | 27 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £104,000 results in an estimated price of approximately £149,698.
| 28 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £104,000 | £45,698 | £149,698 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -7.516 % | £-7,816 | £96,183 |
| 3 Month Average | 31.357 % | £32,611 | £136,611 |
| 6 Month Average | 54.008 % | £56,168 | £160,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £132,697 | £131,000 | APARTMENT 3 RIDGEACRE HOUSE SHROPSHIRE WAY |
| 9 Mar 2023 | £158,493 | £157,000 | 59 ALLERTON LANE |
| 3 Mar 2023 | £156,979 | £155,500 | 9 LELLOW STREET |
| 17 Feb 2023 | £259,825 | £260,000 | 10 JOWETTS LANE |
| 3 Feb 2023 | £204,862 | £205,000 | 19 LELLOW STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 28 Aug 2014. Using an estimated price of £149,698 means this house is valued at £1,848 per sq meter (£171 per sq foot).
The average size of a house on GORDON AVENUE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allerton Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Allerton Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Allerton Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allerton Lane |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Allerton Lane |