£216,848
This estimated value is based upon the latest sale price for the house of £115,000 on 15 Dec 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 15 Dec 2004 |
| £65,000 | 21 Jun 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 64 sq meters or 698 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 December 2004 the House Price Index for WEST MIDLANDS was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £115,000 results in an estimated price of approximately £216,848.
| 15 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £115,000 | £101,848 | £216,848 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 58.203 % | £66,933 | £181,933 |
| 3 Month Average | 43.604 % | £50,145 | £165,145 |
| 6 Month Average | 61.680 % | £70,931 | £185,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Feb 2023 | £124,916 | £125,000 | 18 GLENHURST CLOSE |
| 20 Jan 2023 | £139,344 | £140,000 | 2 GLENHURST CLOSE |
| 19 Jan 2023 | £199,062 | £200,000 | 37 POPLAR AVENUE |
| 20 May 2022 | £208,937 | £205,000 | 19 GLENHURST CLOSE |
| 12 Nov 2021 | £227,118 | £210,000 | 11 LANGMEAD CLOSE |
This house has a floor area of 64 sq meters or 698 sq feet when measured on 29 Mar 2011. Using an estimated price of £216,848 means this house is valued at £3,341 per sq meter (£310 per sq foot).
The average size of a house on WESTERN AVENUE is 92 sq meters (994 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (698 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Western Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Western Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Western Close |
| Feb 2024 | Burglary | Under investigation | On or near Faversham Close |