£83,096
This estimated value is based upon the latest sale price for the house of £55,500 on 7 Nov 2014. 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 B4174
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| Price Paid | Date |
|---|---|
| £55,500 | 7 Nov 2014 |
| £76,000 | 7 Aug 2006 |
| £63,500 | 5 Dec 2003 |
| £30,000 | 10 Nov 2000 |
| £26,000 | 16 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £55,500 results in an estimated price of approximately £83,096.
| 7 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £55,500 | £27,596 | £83,096 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 53.365 % | £29,617 | £85,117 |
| 3 Month Average | 20.843 % | £11,567 | £67,067 |
| 6 Month Average | 36.944 % | £20,503 | £76,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £64,122 | £63,000 | 28 PIPPIN AVENUE |
| 22 Sep 2023 | £217,785 | £215,000 | 11 PIPPIN AVENUE |
| 11 Aug 2023 | £70,113 | £69,500 | 22 PIPPIN AVENUE |
| 15 Jul 2022 | £205,553 | £205,000 | 39 APPERLEY WAY |
| 1 Jun 2022 | £329,659 | £325,000 | 62 APPERLEY WAY |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 5 Nov 2015. Using an estimated price of £83,097 means this house is valued at £1,661 per sq meter (£154 per sq foot).
The average size of a house on PIPPIN AVENUE is 54 sq meters (583 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near B4174 |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near B4174 |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Brades Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brades Close |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Brades Close |