£193,556
This estimated value is based upon the latest sale price for the house of £125,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 27 Jun 2014 |
| £110,000 | 29 Jun 2012 |
| £45,000 | 27 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £125,000 results in an estimated price of approximately £193,556.
| 27 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £125,000 | £68,556 | £193,556 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | -3.519 % | £-4,398 | £120,601 |
| 3 Month Average | 21.885 % | £27,355 | £152,355 |
| 6 Month Average | 30.813 % | £38,516 | £163,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £185,000 | £185,000 | 68 BURLAND AVENUE |
| 10 Aug 2023 | £152,755 | £150,000 | 122 LYNTON AVENUE |
| 13 Jan 2023 | £250,670 | £250,000 | 70 LYNTON AVENUE |
| 18 Mar 2022 | £229,665 | £220,000 | 72 BURLAND AVENUE |
| 4 Mar 2022 | £201,479 | £193,000 | 52 LYNTON AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 19 Mar 2012. Using an estimated price of £193,557 means this house is valued at £2,888 per sq meter (£268 per sq foot).
The average size of a house on LYNTON AVENUE is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Derby Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derby Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chester Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandford Rise |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandford Rise |