£130,121
This estimated value is based upon the latest sale price for the house of £105,000 on 20 Jul 2018. 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 Rudge Avenue
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| Price Paid | Date |
|---|---|
| £105,000 | 20 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £105,000 results in an estimated price of approximately £130,121.
| 20 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £105,000 | £25,121 | £130,121 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 5.976 % | £6,274 | £111,274 |
| 3 Month Average | 1.718 % | £1,803 | £106,803 |
| 6 Month Average | 28.589 % | £30,018 | £135,018 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £199,062 | £200,000 | 67 HELMING DRIVE |
| 9 Jan 2023 | £174,180 | £175,000 | 63 LEWIS AVENUE |
| 20 May 2022 | £173,265 | £170,000 | 11 RUDGE AVENUE |
| 4 Apr 2022 | £79,809 | £77,500 | FLAT 20A RUDGE AVENUE |
| 30 Mar 2022 | £186,527 | £180,000 | 61 LEWIS AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 25 Jan 2018. Using an estimated price of £130,122 means this house is valued at £2,098 per sq meter (£194 per sq foot).
The average size of a house on HELMING DRIVE is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rudge Avenue |
| Jan 2024 | Burglary | Under investigation | On or near Rudge Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rudge Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rudge Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Bewdley Drive |