£132,920
This estimated value is based upon the latest sale price for the house of £82,750 on 27 Apr 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £82,750 | 27 Apr 2007 |
| £33,000 | 8 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 430 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 2007 the House Price Index for WEST MIDLANDS was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £82,750 results in an estimated price of approximately £132,920.
| 27 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £82,750 | £50,170 | £132,920 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -1.251 % | £-1,034 | £81,715 |
| 3 Month Average | -5.148 % | £-4,259 | £78,490 |
| 6 Month Average | 12.849 % | £10,632 | £93,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £86,042 | £85,000 | 21 MONINS AVENUE |
| 24 Mar 2023 | £166,569 | £165,000 | 25 ST MICHAELS WAY |
| 10 Feb 2023 | £150,898 | £151,000 | 5 MONINS AVENUE |
| 20 Jan 2023 | £164,226 | £165,000 | 7 MONINS AVENUE |
| 16 Sep 2022 | £168,638 | £170,000 | 7 PATRICIA DRIVE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 5 Aug 2016. Using an estimated price of £132,920 means this house is valued at £3,323 per sq meter (£308 per sq foot).
The average size of a house on MONINS AVENUE is 67 sq meters (730 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lara Grove |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lara Grove |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Lara Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patricia Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patricia Drive |