£286,429
This estimated value is based upon the latest sale price for the house of £265,000 on 8 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£265,000 | 8 Jun 2021 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £265,000 results in an estimated price of approximately £286,429.
8 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £265,000 | £21,429 | £286,429 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | -4.678 % | £-12,397 | £252,602 |
3 Month Average | 2.608 % | £6,911 | £271,911 |
6 Month Average | 6.651 % | £17,625 | £282,625 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2024 | £475,000 | £475,000 | 18 SOUTH AVENUE |
8 Apr 2024 | £580,037 | £575,000 | 2 CENTRAL AVENUE |
20 Dec 2023 | £160,946 | £156,000 | 16 ST AGATHAS ROAD |
13 Dec 2023 | £449,307 | £435,501 | 5 NORTH AVENUE |
15 Sep 2023 | £613,525 | £600,000 | 11 EAST AVENUE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 4 Nov 2020. Using an estimated price of £286,430 means this house is valued at £4,854 per sq meter (£451 per sq foot).
The average size of a house on NORTH AVENUE is 110 sq meters (1,184 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near East Avenue |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near St Ann'S Road |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near St Ann'S Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near St Ann'S Road |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near St Ann'S Road |