£1,375,103
This estimated value is based upon the latest sale price for the house of £800,000 on 23 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £800,000 | 23 Jan 2012 |
| £525,000 | 29 Oct 2003 |
| £218,000 | 31 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,748 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 January 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £800,000 results in an estimated price of approximately £1,375,103.
| 23 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £800,000 | £575,103 | £1,375,103 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 32.070 % | £256,556 | £1,056,556 |
| 3 Month Average | 8.729 % | £69,831 | £869,831 |
| 6 Month Average | 35.761 % | £286,085 | £1,086,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £197,660 | £195,000 | 35 DEERHURST COURT |
| 7 Mar 2023 | £171,617 | £170,000 | 15 DEERHURST COURT |
| 17 Jan 2023 | £144,320 | £145,000 | FLAT 7 GUARDIAN COURT NEW ROAD |
| 5 Jan 2023 | £154,273 | £155,000 | 8 DEERHURST COURT |
| 14 Apr 2022 | £1,639,955 | £1,592,500 | 27 PARK AVENUE |
This house has a floor area of 162 sq meters or 1,748 sq feet when measured on 8 Apr 2011. Using an estimated price of £1,375,104 means this house is valued at £8,467 per sq meter (£786 per sq foot).
The average size of a house on PARK AVENUE is 220 sq meters (2,372 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near New Road |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near New Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Road |
| Dec 2023 | Other theft | Under investigation | On or near New Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near New Road |