£293,756
This estimated value is based upon the latest sale price for the house of £190,000 on 14 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Essex Avenue
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| Price Paid | Date |
|---|---|
| £190,000 | 14 May 2014 |
| £245,000 | 16 Feb 2007 |
| £85,000 | 2 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £190,000 results in an estimated price of approximately £293,756.
| 14 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £190,000 | £103,756 | £293,756 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -30.489 % | £-57,928 | £132,071 |
| 3 Month Average | 25.824 % | £49,066 | £239,066 |
| 6 Month Average | 45.350 % | £86,164 | £276,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £297,403 | £293,000 | 55 COURT CRESCENT |
| 14 Sep 2023 | £273,497 | £270,000 | 48 COURT CRESCENT |
| 28 Apr 2023 | £348,755 | £345,000 | 94 COURT CRESCENT |
| 29 Sep 2022 | £272,797 | £275,000 | 24 ESSEX AVENUE |
| 7 Sep 2022 | £411,676 | £415,000 | 54 RIDGE ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 3 Jul 2013. Using an estimated price of £293,757 means this house is valued at £2,083 per sq meter (£193 per sq foot).
The average size of a house on ESSEX AVENUE is 113 sq meters (1,217 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Essex Avenue |
| Feb 2024 | Burglary | Under investigation | On or near Essex Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Avenue |