£303,923
This estimated value is based upon the latest sale price for the house of £188,000 on 9 May 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £188,000 | 9 May 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2008 the House Price Index for WEST MIDLANDS was 62.6.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 61.661%.Applying this 61.661% change to the original purchase price of £188,000 results in an estimated price of approximately £303,923.
| 9 May 2008 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.6 | 101.2 | 61.661 % | £188,000 | £115,923 | £303,923 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 56.950 % | £107,065 | £295,065 |
| 3 Month Average | 45.894 % | £86,281 | £274,281 |
| 6 Month Average | 50.354 % | £94,665 | £282,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2024 | £293,674 | £287,000 | 106 BAY AVENUE |
| 17 May 2024 | £219,556 | £215,000 | 42 BAY AVENUE |
| 4 Apr 2023 | £195,010 | £190,000 | 92 BAY AVENUE |
| 7 Mar 2023 | £87,153 | £85,000 | 33 LOXDALE SIDINGS |
| 30 Sep 2022 | £80,798 | £80,000 | 3 LOXDALE SIDINGS |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 4 Sep 2014. Using an estimated price of £303,923 means this house is valued at £2,597 per sq meter (£241 per sq foot).
The average size of a house on BAY AVENUE is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larch Gardens |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arbour Drive |
| Jan 2025 | Other crime | Unable to prosecute suspect | On or near Elizabeth Avenue |
| Jan 2025 | Vehicle crime | Under investigation | On or near Elizabeth Avenue |
| Dec 2024 | Drugs | Awaiting court outcome | On or near Elizabeth Avenue |