£136,714
This estimated value is based upon the latest sale price for the house of £108,750 on 6 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£108,750 | 6 Dec 2017 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £108,750 results in an estimated price of approximately £136,714.
6 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £108,750 | £27,964 | £136,714 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -30.290 % | £-32,940 | £75,809 |
3 Month Average | 7.653 % | £8,322 | £117,072 |
6 Month Average | 58.958 % | £64,117 | £172,867 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £110,971 | £110,000 | 1 WRENS AVENUE |
10 Aug 2023 | £191,677 | £190,000 | 68 LAXTON CLOSE |
24 Mar 2023 | £185,750 | £184,000 | 54 LAXTON CLOSE |
9 Mar 2023 | £264,492 | £262,000 | 89 LINHOPE DRIVE |
3 Feb 2023 | £179,829 | £179,950 | 88 LAXTON CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 16 Aug 2017. Using an estimated price of £136,714 means this house is valued at £1,708 per sq meter (£158 per sq foot).
The average size of a house on WRENS AVENUE is 94 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Wrens Avenue |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrens Avenue |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Levenwick Way |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Lanark Close |
Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Randall Close |