£218,360
This estimated value is based upon the latest sale price for the house of £190,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 30 Jul 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £190,000 results in an estimated price of approximately £218,360.
| 30 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £190,000 | £28,360 | £218,360 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 14.916 % | £28,340 | £218,340 |
| 3 Month Average | 18.527 % | £35,201 | £225,201 |
| 6 Month Average | 21.928 % | £41,664 | £231,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £225,844 | £222,500 | 7 CHAPEL STREET |
| 24 Nov 2023 | £203,005 | £200,000 | 28 HIGH STREET |
| 3 Nov 2023 | £230,411 | £227,000 | 30 ASHTREE ROAD |
| 14 Jul 2023 | £202,729 | £200,000 | 26 HIGH STREET |
| 9 Jun 2023 | £164,999 | £163,000 | 16 CHAPEL STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 9 Mar 2016. Using an estimated price of £218,360 means this house is valued at £2,040 per sq meter (£189 per sq foot).
The average size of a house on NORBURY AVENUE is 85 sq meters (925 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ashtree Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near St Margarets Road |
| Mar 2024 | Anti-social behaviour | On or near Chapel Street | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Chapel Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chapel Street |