£298,583
This estimated value is based upon the latest sale price for the house of £174,999 on 9 Dec 2009. 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 |
|---|---|
| £174,999 | 9 Dec 2009 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 964 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 2009 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £174,999 results in an estimated price of approximately £298,583.
| 9 Dec 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.620 % | £174,999 | £123,584 | £298,583 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 76.345 % | £133,603 | £308,602 |
| 3 Month Average | 70.491 % | £123,357 | £298,356 |
| 6 Month Average | 80.272 % | £140,475 | £315,474 |
This house has a floor area of 89 sq meters or 964 sq feet when measured on 9 Nov 2009.
The average size of a house on GEORGE WOOD AVENUE is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near George Wood Avenue |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Gower Croft |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Gower Croft |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mehdi Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mayfly Close |