£85,390
This estimated value is based upon the latest sale price for the house of £50,000 on 2 Sep 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£50,000 | 2 Sep 2010 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 September 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £50,000 results in an estimated price of approximately £85,390.
2 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.782 % | £50,000 | £35,390 | £85,390 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 64.138 % | £32,068 | £82,068 |
3 Month Average | 84.858 % | £42,429 | £92,429 |
6 Month Average | 86.778 % | £43,388 | £93,388 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £144,672 | £141,000 | 36 FORDHOUSE ROAD |
21 Aug 2023 | £214,875 | £211,000 | 46 PURCELL ROAD |
1 Jun 2023 | £214,294 | £210,000 | 307 BUSHBURY LANE |
31 Mar 2023 | £151,531 | £149,000 | 31 WINGFOOT AVENUE |
6 May 2022 | £184,815 | £180,000 | 111 PURCELL ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 25 May 2021. Using an estimated price of £85,391 means this house is valued at £1,237 per sq meter (£114 per sq foot).
The average size of a house on MORRISON AVENUE is 112 sq meters (1,205 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Morrison Avenue |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morrison Avenue |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morrison Avenue |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Morrison Avenue |
Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Morrison Avenue |