£292,356
This estimated value is based upon the latest sale price for the house of £240,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 17 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £240,000 results in an estimated price of approximately £292,356.
| 17 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £240,000 | £52,356 | £292,356 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -26.413 % | £-63,391 | £176,608 |
| 3 Month Average | 1.964 % | £4,712 | £244,712 |
| 6 Month Average | 40.409 % | £96,982 | £336,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £168,167 | £163,000 | 23 JEREMY ROAD |
| 27 Nov 2023 | £374,506 | £365,000 | 1 EDNAM ROAD |
| 16 Jun 2023 | £295,930 | £290,000 | 11 ROSEMARY CRESCENT |
| 6 Jan 2023 | £110,295 | £110,000 | FLAT 11 PARKHALL GARDENS ROSEMARY AVENUE |
| 28 Oct 2022 | £92,690 | £93,000 | FLAT 2 PARKHALL GARDENS ROSEMARY AVENUE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 2 Jun 2020. Using an estimated price of £292,357 means this house is valued at £2,520 per sq meter (£234 per sq foot).
The average size of a house on ROSEMARY AVENUE is 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Rosemary Avenue |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rosemary Crescent |
| Oct 2024 | Other theft | Under investigation | On or near Rosemary Crescent |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rosemary Crescent |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Rosemary Crescent |