£187,893
This estimated value is based upon the latest sale price for the house of £110,000 on 1 Feb 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 1 Feb 2012 |
| £91,000 | 14 Feb 2005 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 February 2012 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.812%.Applying this 70.812% change to the original purchase price of £110,000 results in an estimated price of approximately £187,893.
| 1 Feb 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.0 | 70.812 % | £110,000 | £77,893 | £187,893 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 65.689 % | £72,258 | £182,258 |
| 3 Month Average | 45.623 % | £50,185 | £160,185 |
| 6 Month Average | 75.847 % | £83,431 | £193,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £90,551 | £90,000 | 616 PARKFIELD ROAD |
| 17 Jun 2022 | £141,433 | £140,000 | 13 PARKFIELD CRESCENT |
| 31 Mar 2022 | £181,646 | £176,000 | 71 MYATT AVENUE |
| 11 Mar 2022 | £144,491 | £140,000 | 23 WHEATLEY STREET |
| 15 Dec 2021 | £165,393 | £155,000 | 649 PARKFIELD ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Mar 2013. Using an estimated price of £187,893 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on MYATT AVENUE is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lawn Road |
| Apr 2024 | Anti-social behaviour | On or near Lawn Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lawn Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawn Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawn Road |