£232,576
This estimated value is based upon the latest sale price for the house of £189,000 on 8 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £189,000 | 8 Aug 2019 |
| £120,000 | 16 Jul 2003 |
| Freehold |
| Floor Area: 42 sq meters or 452 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £189,000 results in an estimated price of approximately £232,576.
| 8 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £189,000 | £43,576 | £232,576 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 1.666 % | £3,148 | £192,148 |
| 3 Month Average | 10.984 % | £20,758 | £209,758 |
| 6 Month Average | 14.362 % | £27,143 | £216,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £212,141 | £209,000 | 94 THREE SPIRES AVENUE |
| 1 Nov 2023 | £208,081 | £205,000 | 80 THREE SPIRES AVENUE |
| 22 Sep 2023 | £172,202 | £170,000 | 2 TEACHERS CLOSE |
| 25 Jul 2023 | £172,319 | £170,000 | 5 TEACHERS CLOSE |
| 12 Jul 2023 | £253,411 | £250,000 | 85 POOLE ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 26 Aug 2021. Using an estimated price of £232,577 means this house is valued at £5,537 per sq meter (£514 per sq foot).
The average size of a house on THREE SPIRES AVENUE is 86 sq meters (928 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Three Spires Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Three Spires Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Three Spires Avenue |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Three Spires Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Three Spires Avenue |