£306,254
This estimated value is based upon the latest sale price for the house of £179,000 on 24 Jun 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £179,000 | 24 Jun 2011 |
| £99,500 | 7 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,311 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 June 2011 the House Price Index for WEST MIDLANDS was 85.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.092%.Applying this 71.092% change to the original purchase price of £179,000 results in an estimated price of approximately £306,254.
| 24 Jun 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 146.7 | 71.092 % | £179,000 | £127,254 | £306,254 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 27.665 % | £49,520 | £228,520 |
| 3 Month Average | 50.272 % | £89,985 | £268,985 |
| 6 Month Average | 44.845 % | £80,272 | £259,272 |
This house has a floor area of 121 sq meters or 1,311 sq feet when measured on 16 May 2011.
The average size of a house on BENSON AVENUE is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Benson Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hornby Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Patricia Avenue |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Park Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Park Avenue |