£64,660
This estimated value is based upon the latest sale price for the house of £19,500 on 16 Aug 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £19,500 | 16 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 August 2001 the House Price Index for WEST MIDLANDS was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £19,500 results in an estimated price of approximately £64,660.
| 16 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £19,500 | £45,160 | £64,660 |
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 | 166.826 % | £32,531 | £52,031 |
| 3 Month Average | 175.112 % | £34,146 | £53,646 |
| 6 Month Average | 173.675 % | £33,866 | £53,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £171,850 | £170,000 | 12 GREENLY ROAD |
| 10 Mar 2023 | £166,569 | £165,000 | 22 VERONICA AVENUE |
| 10 Jun 2022 | £162,294 | £160,000 | 6 GREENLY ROAD |
| 14 Apr 2022 | £164,768 | £160,000 | 39 MALINS ROAD |
| 17 Dec 2021 | £208,919 | £195,000 | 2 VERONICA AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 27 Sep 2019. Using an estimated price of £64,661 means this house is valued at £898 per sq meter (£83 per sq foot).
The average size of a house on VERONICA AVENUE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Malins Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olive Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Olive Avenue |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Greenly Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near Buller Street |