£417,830
This estimated value is based upon the latest sale price for the house of £84,950 on 17 Nov 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £84,950 | 17 Nov 1997 |
| Detached |
| Leasehold |
| Floor Area: 138 sq meters or 1,485 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 November 1997 the House Price Index for WEST MIDLANDS was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £84,950 results in an estimated price of approximately £417,830.
| 17 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £84,950 | £332,880 | £417,830 |
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 | 200.143 % | £170,021 | £254,971 |
| 3 Month Average | 159.690 % | £135,656 | £220,606 |
| 6 Month Average | 196.975 % | £167,330 | £252,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £239,254 | £237,000 | 16 POWIS AVENUE |
| 26 Aug 2022 | £229,383 | £230,000 | 40 POWIS AVENUE |
| 12 Aug 2022 | £249,329 | £250,000 | 36 BROOKFIELD WAY |
| 4 May 2022 | £224,225 | £220,000 | 82 ARTHUR ROAD |
| 7 Sep 2021 | £277,480 | £257,500 | 63 OAKLEY AVENUE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 20 Jan 2014. Using an estimated price of £417,831 means this house is valued at £3,027 per sq meter (£281 per sq foot).
The average size of a house on POWIS AVENUE is 89 sq meters (963 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakley Avenue |
| Jan 2024 | Anti-social behaviour | On or near Oakley Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Oakley Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Oakley Avenue | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakley Avenue |