£303,656
This estimated value is based upon the latest sale price for the house of £244,350 on 6 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £244,350 | 6 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £244,350 results in an estimated price of approximately £303,656.
| 6 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £244,350 | £59,306 | £303,656 |
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 | 34.569 % | £84,469 | £328,819 |
| 3 Month Average | 17.223 % | £42,084 | £286,434 |
| 6 Month Average | 12.335 % | £30,141 | £274,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £315,000 | £315,000 | 29 FAULCONBRIDGE AVENUE |
| 31 Aug 2023 | £269,867 | £265,000 | 97 TILEWOOD AVENUE |
| 11 Aug 2023 | £341,153 | £335,000 | 105 HANDSWORTH CRESCENT |
| 11 Aug 2023 | £259,684 | £255,000 | 20 FAULCONBRIDGE AVENUE |
| 27 Jan 2023 | £305,817 | £305,000 | 6 HANDSWORTH CRESCENT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 30 Jul 2018. Using an estimated price of £303,656 means this house is valued at £4,465 per sq meter (£414 per sq foot).
The average size of a house on OLTON AVENUE is 110 sq meters (1,184 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Olton Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olton Avenue |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Olton Avenue |
| Jul 2024 | Burglary | Under investigation | On or near Faulconbridge Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Faulconbridge Avenue |