£244,425
This estimated value is based upon the latest sale price for the house of £166,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £166,000 | 19 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2014 the House Price Index for WEST MIDLANDS was 99.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.244%.Applying this 47.244% change to the original purchase price of £166,000 results in an estimated price of approximately £244,425.
| 19 Dec 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 146.7 | 47.244 % | £166,000 | £78,425 | £244,425 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 25.367 % | £42,108 | £208,108 |
| 3 Month Average | 14.001 % | £23,241 | £189,241 |
| 6 Month Average | 28.122 % | £46,681 | £212,681 |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 13 Aug 2014.
The average size of a house on MONUMENT AVENUE is 140 sq meters (1,509 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monument Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monument Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Springfield Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Springfield Avenue |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Springfield Avenue |