£131,678
This estimated value is based upon the latest sale price for the house of £135,000 on 30 Nov 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 30 Nov 2022 |
| £135,000 | 30 Nov 2020 |
| £64,500 | 31 Jul 2009 |
| Detached |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 November 2022 the House Price Index for WEST MIDLANDS was 150.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.460%.Applying this -2.460% change to the original purchase price of £135,000 results in an estimated price of approximately £131,678.
| 30 Nov 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 146.7 | -2.460 % | £135,000 | £-3,321 | £131,678 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | -16.826 % | £-22,714 | £112,285 |
| 3 Month Average | 1.732 % | £2,337 | £137,337 |
| 6 Month Average | -5.661 % | £-7,642 | £127,357 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Jul 2020.
There is one other house on the street which we know the size of, this is 2 MONKSWOOD AVENUE it is 77.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Monkswood Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monkswood Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Monkswood Avenue |
| Jan 2024 | Anti-social behaviour | On or near Monkswood Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Monkswood Avenue |