£179,677
This estimated value is based upon the latest sale price for the house of £147,500 on 16 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£147,500 | 16 Jul 2020 |
£132,000 | 18 Dec 2006 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £147,500 results in an estimated price of approximately £179,677.
16 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £147,500 | £32,177 | £179,677 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 18.484 % | £27,263 | £174,763 |
3 Month Average | -7.078 % | £-10,439 | £137,060 |
6 Month Average | 5.676 % | £8,371 | £155,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 May 2024 | £185,000 | £185,000 | 68 BURLAND AVENUE |
10 Aug 2023 | £152,755 | £150,000 | 122 LYNTON AVENUE |
13 Jan 2023 | £250,670 | £250,000 | 70 LYNTON AVENUE |
18 Mar 2022 | £229,665 | £220,000 | 72 BURLAND AVENUE |
4 Mar 2022 | £201,479 | £193,000 | 52 LYNTON AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 29 Jun 2020. Using an estimated price of £179,678 means this house is valued at £1,852 per sq meter (£172 per sq foot).
The average size of a house on LYNTON AVENUE is 82 sq meters (889 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derby Avenue |
Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Derby Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandford Rise |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandford Rise |
Jul 2024 | Anti-social behaviour | On or near Glassford Drive |