£362,307
This estimated value is based upon the latest sale price for the house of £335,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £335,000 | 19 Nov 2021 |
| £233,000 | 23 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £335,000 results in an estimated price of approximately £362,307.
| 19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £335,000 | £27,307 | £362,307 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | -7.982 % | £-26,739 | £308,260 |
| 3 Month Average | -9.921 % | £-33,234 | £301,765 |
| 6 Month Average | 5.270 % | £17,654 | £352,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £337,957 | £335,000 | 105 HANDSWORTH CRESCENT |
| 24 Jul 2023 | £281,793 | £278,000 | 16 STONEBURY AVENUE |
| 3 Jul 2023 | £192,592 | £190,000 | 14 HANDSWORTH CRESCENT |
| 27 Jan 2023 | £303,570 | £305,000 | 6 HANDSWORTH CRESCENT |
| 28 Nov 2022 | £335,931 | £340,000 | 698 BROAD LANE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 25 Jul 2013. Using an estimated price of £362,307 means this house is valued at £4,212 per sq meter (£391 per sq foot).
The average size of a house on FAULCONBRIDGE AVENUE is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Handsworth Crescent |
| Jan 2024 | Anti-social behaviour | On or near Faulconbridge Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Faulconbridge Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Faulconbridge Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Faulconbridge Avenue |