£376,444
This estimated value is based upon the latest sale price for the house of £295,000 on 16 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £295,000 | 16 Jun 2017 |
| £270,000 | 7 Feb 2005 |
| £92,500 | 21 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £295,000 results in an estimated price of approximately £376,444.
| 16 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.0 | 27.608 % | £295,000 | £81,444 | £376,444 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -7.647 % | £-22,558 | £272,441 |
| 3 Month Average | 18.912 % | £55,791 | £350,791 |
| 6 Month Average | 12.492 % | £36,851 | £331,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2022 | £347,651 | £350,000 | 116 LINDEN LEA |
| 5 Aug 2022 | £352,568 | £354,950 | 33 YORK GARDENS |
| 14 Jan 2022 | £283,003 | £270,000 | CORNER HOUSE YORK GARDENS |
| 8 Oct 2021 | £352,643 | £320,000 | 92 LINDEN LEA |
| 21 Sep 2021 | £555,402 | £517,500 | 31 YORK AVENUE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 1 Oct 2014. Using an estimated price of £376,444 means this house is valued at £3,217 per sq meter (£298 per sq foot).
The average size of a house on YORK AVENUE is 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near York Gardens |
| Mar 2024 | Other crime | Under investigation | On or near York Crescent |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near York Crescent |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ash Hill |
| Apr 2024 | Robbery | Under investigation | On or near Abbots Way |