£146,271
This estimated value is based upon the latest sale price for the house of £38,500 on 28 Apr 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £38,500 | 28 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 April 2000 the House Price Index for WEST MIDLANDS was 39.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 279.926%.Applying this 279.926% change to the original purchase price of £38,500 results in an estimated price of approximately £146,271.
| 28 Apr 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 148.6 | 279.926 % | £38,500 | £107,771 | £146,271 |
The Postcode Pricing Model uses changes in average sales price within the WS8 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 | 330.358 % | £127,187 | £165,687 |
| 3 Month Average | 219.551 % | £84,527 | £123,027 |
| 6 Month Average | 213.678 % | £82,266 | £120,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £174,347 | £172,000 | 117 BARNETTS LANE |
| 23 Jun 2023 | £161,962 | £160,000 | 95 BARNETTS LANE |
| 16 Aug 2022 | £134,638 | £135,000 | 140A LICHFIELD ROAD |
| 29 Mar 2022 | £264,247 | £255,000 | 50 BARNETTS LANE |
| 25 Feb 2022 | £106,967 | £102,000 | 34 FOURTH AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 7 Jul 2014. Using an estimated price of £146,272 means this house is valued at £1,643 per sq meter (£152 per sq foot).
The average size of a house on SECOND AVENUE is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |
| Jan 2024 | Anti-social behaviour | On or near Second Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Second Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |
| Jan 2024 | Anti-social behaviour | On or near Second Avenue |