£217,925
This estimated value is based upon the latest sale price for the house of £175,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 31 May 2019 |
| £47,000 | 27 Oct 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £175,000 results in an estimated price of approximately £217,925.
| 31 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £175,000 | £42,925 | £217,925 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 120.011 % | £210,020 | £385,020 |
| 3 Month Average | 31.677 % | £55,434 | £230,434 |
| 6 Month Average | 30.632 % | £53,605 | £228,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £180,000 | £180,000 | 48 JOWETTS LANE |
| 22 Sep 2023 | £133,953 | £131,000 | APARTMENT 3 RIDGEACRE HOUSE SHROPSHIRE WAY |
| 8 Sep 2023 | £184,057 | £180,000 | 53 LYNTON AVENUE |
| 30 Jun 2023 | £118,372 | £116,000 | APARTMENT 2 ELWELL HOUSE SHROPSHIRE WAY |
| 17 Feb 2023 | £261,748 | £260,000 | 10 JOWETTS LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Dec 2018. Using an estimated price of £217,925 means this house is valued at £3,069 per sq meter (£285 per sq foot).
The average size of a house on LYNTON AVENUE is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynton Avenue |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near St John Bosco Close |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near St John Bosco Close |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near St John Bosco Close |
| Oct 2024 | Other theft | Under investigation | On or near St John Bosco Close |