£206,007
This estimated value is based upon the latest sale price for the house of £167,000 on 5 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £167,000 | 5 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £167,000 results in an estimated price of approximately £206,007.
| 5 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £167,000 | £39,007 | £206,007 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -38.937 % | £-65,024 | £101,975 |
| 3 Month Average | -11.238 % | £-18,767 | £148,232 |
| 6 Month Average | 0.570 % | £952 | £167,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £315,521 | £310,000 | 36 GAZA CLOSE |
| 6 Sep 2023 | £270,965 | £267,500 | 39 LIME TREE AVENUE |
| 11 Aug 2023 | £157,377 | £156,000 | 90 LIME TREE AVENUE |
| 7 Jul 2023 | £275,711 | £272,000 | 45 GAZA CLOSE |
| 12 Jun 2023 | £316,332 | £312,500 | 33 CHESTNUT TREE AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Jul 2014. Using an estimated price of £206,008 means this house is valued at £2,861 per sq meter (£265 per sq foot).
The average size of a house on LIME TREE AVENUE is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Pine Tree Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ballingham Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gaza Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Gaza Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Gaza Close |