£189,264
This estimated value is based upon the latest sale price for the house of £175,000 on 30 Nov 2021. 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 Waterloo Avenue
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| Price Paid | Date |
|---|---|
| £175,000 | 30 Nov 2021 |
| Terraced |
| Freehold |
| 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 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £175,000 results in an estimated price of approximately £189,264.
| 30 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £175,000 | £14,264 | £189,264 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | -18.106 % | £-31,686 | £143,313 |
| 3 Month Average | 0.676 % | £1,182 | £176,182 |
| 6 Month Average | 4.394 % | £7,689 | £182,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £203,603 | £201,000 | 5 MENAI WALK |
| 1 Sep 2023 | £144,346 | £142,500 | 129 WATERLOO AVENUE |
| 11 Aug 2023 | £110,971 | £110,000 | 193 FORTH DRIVE |
| 14 Jun 2023 | £167,023 | £165,000 | 145 WATERLOO AVENUE |
| 2 Mar 2023 | £242,283 | £240,000 | 121 WATERLOO AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 16 Jul 2021. Using an estimated price of £189,265 means this house is valued at £2,395 per sq meter (£222 per sq foot).
The average size of a house on WATERLOO AVENUE is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waterloo Avenue |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Waterloo Avenue |
| Feb 2024 | Anti-social behaviour | On or near Waterloo Avenue | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterloo Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waterloo Avenue |