£96,943
This estimated value is based upon the latest sale price for the house of £62,000 on 10 Dec 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £62,000 | 10 Dec 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 46 sq meters or 505 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 December 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £62,000 results in an estimated price of approximately £96,943.
| 10 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £62,000 | £34,943 | £96,943 |
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 | 68.867 % | £42,697 | £104,697 |
| 3 Month Average | 30.939 % | £19,182 | £81,182 |
| 6 Month Average | 31.769 % | £19,696 | £81,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £210,787 | £206,000 | 59A JOWETTS LANE |
| 29 Aug 2023 | £305,510 | £300,000 | 47 RYDDING LANE |
| 9 Mar 2023 | £159,666 | £157,000 | 59 ALLERTON LANE |
| 3 Mar 2023 | £158,141 | £155,500 | 9 LELLOW STREET |
| 17 Feb 2023 | £261,748 | £260,000 | 10 JOWETTS LANE |
This house has a floor area of 46 sq meters or 505 sq feet when measured on 12 Oct 2010. Using an estimated price of £96,943 means this house is valued at £2,063 per sq meter (£191 per sq foot).
The average size of a house on GORDON AVENUE is 84 sq meters (904 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Allerton Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allerton Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allerton Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Allerton Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allerton Lane |