£309,277
This estimated value is based upon the latest sale price for the house of £218,000 on 24 Sep 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £218,000 | 24 Sep 2015 |
| Detached |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 September 2015 the House Price Index for WEST MIDLANDS was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £218,000 results in an estimated price of approximately £309,277.
| 24 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £218,000 | £91,277 | £309,277 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | -0.535 % | £-1,166 | £216,833 |
| 3 Month Average | 47.971 % | £104,576 | £322,576 |
| 6 Month Average | 38.160 % | £83,188 | £301,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £172,319 | £170,000 | 35 ALMOND AVENUE |
| 28 Mar 2023 | £252,377 | £249,999 | 19 ALMOND AVENUE |
| 3 Feb 2023 | £124,916 | £125,000 | 9 CHESTNUT STREET |
| 11 Aug 2022 | £185,501 | £186,000 | 22 CHESTNUT STREET |
| 27 May 2022 | £272,128 | £267,000 | 48 CHESTNUT STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 9 Sep 2015. Using an estimated price of £309,278 means this house is valued at £3,092 per sq meter (£287 per sq foot).
The average size of a house on HEATHER AVENUE is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heather Avenue |
| Mar 2024 | Robbery | Under investigation | On or near Heather Avenue |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chesnut Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chesnut Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chesnut Street |