£353,322
This estimated value is based upon the latest sale price for the house of £205,000 on 18 Nov 2011. 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 |
---|---|
£205,000 | 18 Nov 2011 |
Semi-Detached |
Freehold |
Floor Area: 118 sq meters or 1,273 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 November 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £205,000 results in an estimated price of approximately £353,322.
18 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.352 % | £205,000 | £148,322 | £353,322 |
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 | -20.856 % | £-42,754 | £162,245 |
3 Month Average | 39.568 % | £81,113 | £286,113 |
6 Month Average | 51.784 % | £106,157 | £311,157 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Mar 2023 | £267,520 | £265,000 | 148B MOUNT PLEASANT |
29 Sep 2022 | £272,797 | £275,000 | 24 ESSEX AVENUE |
9 Sep 2022 | £332,316 | £335,000 | 151 KINGSLEY ROAD |
7 Sep 2022 | £411,676 | £415,000 | 54 RIDGE ROAD |
6 Jul 2022 | £320,864 | £320,000 | 14 ESSEX AVENUE |
This house has a floor area of 118 sq meters or 1,273 sq feet when measured on 30 Mar 2011. Using an estimated price of £353,322 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on RIDGE ROAD is 109 sq meters (1,182 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 |