£62,421
This estimated value is based upon the latest sale price for the house of £17,000 on 7 Jul 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Modbury Avenue
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| Price Paid | Date |
|---|---|
| £17,000 | 7 Jul 2000 |
| £22,000 | 27 Aug 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2000 the House Price Index for WEST MIDLANDS was 40.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 267.185%.Applying this 267.185% change to the original purchase price of £17,000 results in an estimated price of approximately £62,421.
| 7 Jul 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 146.7 | 267.185 % | £17,000 | £45,421 | £62,421 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 163.459 % | £27,788 | £44,788 |
| 3 Month Average | 206.487 % | £35,102 | £52,102 |
| 6 Month Average | 227.540 % | £38,681 | £55,681 |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 18 Feb 2018.
There is one other house on the street which we know the size of, this is 15 MODBURY AVENUE it is 58.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Modbury Avenue |
| Feb 2024 | Bicycle theft | Under investigation | On or near Modbury Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Modbury Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Modbury Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Modbury Avenue |