£220,617
This estimated value is based upon the latest sale price for the house of £175,000 on 15 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 15 Nov 2017 |
| £152,000 | 20 Sep 2013 |
| £166,000 | 4 May 2007 |
| £138,500 | 25 Feb 2005 |
| £57,500 | 22 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £175,000 results in an estimated price of approximately £220,617.
| 15 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £175,000 | £45,617 | £220,617 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 1.213 % | £2,123 | £177,123 |
| 3 Month Average | 25.728 % | £45,023 | £220,023 |
| 6 Month Average | 18.651 % | £32,639 | £207,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £342,064 | £337,000 | 5 HOLIFAST ROAD |
| 28 Sep 2023 | £172,202 | £170,000 | FLAT 11 RICHMOND COURT, 371 BIRMINGHAM ROAD |
| 14 Aug 2023 | £282,471 | £280,000 | 1 HOLIFAST ROAD |
| 20 Jul 2023 | £233,138 | £230,000 | 11 FLORENCE AVENUE |
| 14 Jul 2023 | £288,888 | £285,000 | 1 HOLLIFAST LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Aug 2019. Using an estimated price of £220,617 means this house is valued at £2,941 per sq meter (£273 per sq foot).
The average size of a house on FLORENCE AVENUE is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Florence Avenue |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Florence Avenue |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Burglary | Under investigation | On or near Parking Area |