£258,195
This estimated value is based upon the latest sale price for the house of £207,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £207,000 | 25 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £207,000 results in an estimated price of approximately £258,195.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £207,000 | £51,195 | £258,195 |
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 | 40.031 % | £82,864 | £289,864 |
| 3 Month Average | 28.532 % | £59,061 | £266,061 |
| 6 Month Average | 28.425 % | £58,840 | £265,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jan 2023 | £398,125 | £400,000 | 26 KNIGHTS AVENUE |
| 15 Sep 2022 | £362,076 | £365,000 | 42 KNIGHTS AVENUE |
| 30 Jun 2022 | £436,164 | £430,000 | 38 KNIGHTS AVENUE |
| 22 Jun 2022 | £502,096 | £495,000 | 29 TYNINGHAME AVENUE |
| 20 Jun 2022 | £431,092 | £425,000 | 4 KNIGHTS AVENUE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 22 Dec 2017. Using an estimated price of £258,195 means this house is valued at £2,151 per sq meter (£199 per sq foot).
The average size of a house on KNIGHTS CRESCENT is 138 sq meters (1,494 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Knights Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Knights Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Knights Avenue |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |