£390,365
This estimated value is based upon the latest sale price for the house of £315,000 on 13 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £315,000 | 13 Jul 2018 |
| £249,999 | 23 Nov 2007 |
| £185,000 | 27 May 2004 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £315,000 results in an estimated price of approximately £390,365.
| 13 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £315,000 | £75,365 | £390,365 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -0.994 % | £-3,131 | £311,868 |
| 3 Month Average | 39.766 % | £125,264 | £440,264 |
| 6 Month Average | 35.957 % | £113,265 | £428,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £239,185 | £235,000 | 46 LYTTON AVENUE |
| 29 Nov 2023 | £456,762 | £450,000 | 11 SCOTT CLOSE |
| 11 Aug 2023 | £242,118 | £240,000 | 24 LYTTON AVENUE |
| 28 Jul 2023 | £324,366 | £320,000 | 7 SCOTT CLOSE |
| 14 Apr 2023 | £288,102 | £285,000 | 452 PENN ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 25 Jan 2018. Using an estimated price of £390,365 means this house is valued at £3,199 per sq meter (£297 per sq foot).
The average size of a house on SCOTT AVENUE is 95 sq meters (1,032 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Scott Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Scott Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scott Avenue |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Scott Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Lytton Avenue |