£282,968
This estimated value is based upon the latest sale price for the house of £229,950 on 16 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 |
|---|---|
| £229,950 | 16 Aug 2019 |
| £54,000 | 20 Jun 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 £229,950 results in an estimated price of approximately £282,968.
| 16 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £229,950 | £53,018 | £282,968 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 19.617 % | £45,108 | £275,058 |
| 3 Month Average | 22.041 % | £50,683 | £280,633 |
| 6 Month Average | 28.936 % | £66,537 | £296,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £217,785 | £215,000 | 117 HILSTON AVENUE |
| 28 Apr 2023 | £277,993 | £275,000 | 1 HILSTON AVENUE |
| 17 Mar 2023 | £353,329 | £350,000 | 25 SPRINGHILL GROVE |
| 21 Oct 2022 | £197,870 | £200,000 | 11 SPRINGHILL GROVE |
| 2 Sep 2022 | £178,558 | £180,000 | 39 SPRINGHILL GROVE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 10 Jan 2019. Using an estimated price of £282,968 means this house is valued at £3,075 per sq meter (£285 per sq foot).
The average size of a house on HILSTON AVENUE is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Hilston Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairview Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairview Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairview Road |
| Feb 2024 | Burglary | Under investigation | On or near Fairview Road |