£122,000
This estimated value is based upon the latest sale price for the house of £122,000 on 5 Mar 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £122,000 | 5 Mar 2024 |
| £110,000 | 9 Aug 2023 |
| £125,000 | 9 Aug 2023 |
| £75,000 | 27 Jun 2003 |
| £30,000 | 17 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 930 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 March 2024 the House Price Index for WEST MIDLANDS was 148.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £122,000 results in an estimated price of approximately £122,000.
| 5 Mar 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 148.6 | 0.000 % | £122,000 | £0 | £122,000 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 0.000 % | £0 | £122,000 |
| 3 Month Average | 0.000 % | £0 | £122,000 |
| 6 Month Average | 0.000 % | £0 | £122,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £122,000 | £122,000 | 56 LYE AVENUE |
| 24 Jul 2023 | £253,411 | £250,000 | 106 WOODGATE LANE |
| 9 Jun 2023 | £192,330 | £190,000 | 68 WOODGATE LANE |
| 31 Mar 2023 | £145,370 | £144,000 | 43 FALLOW WALK |
| 28 Feb 2023 | £119,919 | £120,000 | 10 HEATHY RISE |
This house has a floor area of 86 sq meters or 930 sq feet when measured on 23 Nov 2011. Using an estimated price of £122,000 means this house is valued at £1,410 per sq meter (£131 per sq foot).
The average size of a house on LYE AVENUE is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allwood Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Allwood Gardens |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Allwood Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allwood Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Allwood Gardens |