£417,876
This estimated value is based upon the latest sale price for the house of £242,500 on 16 May 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Teazel Avenue
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| Price Paid | Date |
|---|---|
| £242,500 | 16 May 2006 |
| £242,500 | 16 May 2006 |
| Detached |
| Leasehold |
| Floor Area: 96 sq meters or 1,036 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 May 2006 the House Price Index for WEST MIDLANDS was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.320%.Applying this 72.320% change to the original purchase price of £242,500 results in an estimated price of approximately £417,876.
| 16 May 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.320 % | £242,500 | £175,376 | £417,876 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 94.120 % | £228,240 | £470,740 |
| 3 Month Average | 82.386 % | £199,786 | £442,286 |
| 6 Month Average | 67.827 % | £164,480 | £406,980 |
This house has a floor area of 96 sq meters or 1,036 sq feet when measured on 11 Jan 2012.
The average size of a house on TEAZEL AVENUE is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Teazel Avenue |
| Jan 2024 | Other crime | Under investigation | On or near Birch Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Birch Close |
| Mar 2024 | Burglary | Under investigation | On or near Berberry Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Berberry Close |