£309,729
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 28 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £250,000 results in an estimated price of approximately £309,729.
| 28 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £250,000 | £59,729 | £309,729 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -46.532 % | £-116,329 | £133,670 |
| 3 Month Average | 33.220 % | £83,051 | £333,051 |
| 6 Month Average | 16.261 % | £40,653 | £290,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £298,836 | £295,000 | 81 VICTORIA ROAD |
| 7 Jul 2023 | £262,483 | £260,000 | 47 OXBARN AVENUE |
| 5 Aug 2022 | £251,302 | £253,000 | 101 OXBARN AVENUE |
| 15 Jul 2022 | £199,730 | £200,000 | 127 VICTORIA ROAD |
| 18 May 2022 | £142,112 | £140,000 | 65 VICTORIA ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 16 Feb 2018. Using an estimated price of £309,730 means this house is valued at £3,097 per sq meter (£287 per sq foot).
The average size of a house on MYRTLE GROVE is 106 sq meters (1,143 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Coalway Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Laurel Grove |
| Apr 2024 | Vehicle crime | Under investigation | On or near Laurel Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Grove |