£154,316
This estimated value is based upon the latest sale price for the house of £116,500 on 5 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £116,500 | 5 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £116,500 results in an estimated price of approximately £154,316.
| 5 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £116,500 | £37,816 | £154,316 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 56.899 % | £66,286 | £182,786 |
| 3 Month Average | 28.043 % | £32,669 | £149,169 |
| 6 Month Average | 37.421 % | £43,595 | £160,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £182,456 | £180,000 | 82 COPPICE ROAD |
| 22 Jun 2023 | £227,759 | £225,000 | 8 BARN CLOSE |
| 31 Mar 2023 | £191,807 | £190,000 | 3 VALLEY ROAD |
| 20 Jan 2023 | £181,644 | £182,500 | 54 VALLEY ROAD |
| 12 Aug 2022 | £186,997 | £187,500 | 31 NORWOOD AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 26 Apr 2016. Using an estimated price of £154,317 means this house is valued at £1,714 per sq meter (£159 per sq foot).
The average size of a house on NORWOOD AVENUE is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Valley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley Road |