£167,823
This estimated value is based upon the latest sale price for the house of £165,000 on 12 May 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Proffitt Avenue
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| Price Paid | Date |
|---|---|
| £165,000 | 12 May 2023 |
| Terraced |
| Freehold |
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 2023 the House Price Index for WEST MIDLANDS was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £165,000 results in an estimated price of approximately £167,823.
| 12 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £165,000 | £2,823 | £167,823 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -9.521 % | £-15,710 | £149,289 |
| 3 Month Average | -2.735 % | £-4,512 | £160,487 |
| 6 Month Average | 0.642 % | £1,058 | £166,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2021 | £199,355 | £185,000 | 20 GAYER STREET |
| 18 Dec 2020 | £180,191 | £157,000 | 117 PROFFITT AVENUE |
| 6 Nov 2020 | £194,771 | £168,000 | 74 PROFFITT AVENUE |
| 16 Oct 2020 | £201,770 | £172,000 | 62 PROFFITT AVENUE |
| 25 Sep 2020 | £193,543 | £163,000 | 5 PARTRIDGE CROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Proffitt Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Proffitt Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Proffitt Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Proffitt Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Proffitt Avenue |