£99,899
This estimated value is based upon the latest sale price for the house of £63,000 on 4 Mar 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Bank Street
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £63,000 | 4 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 982 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 March 2014 the House Price Index for WEST MIDLANDS was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £63,000 results in an estimated price of approximately £99,899.
| 4 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £63,000 | £36,899 | £99,899 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 19.931 % | £12,556 | £75,556 |
| 3 Month Average | 54.691 % | £34,455 | £97,455 |
| 6 Month Average | 58.650 % | £36,949 | £99,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £226,971 | £225,000 | 437 CANNOCK ROAD |
| 25 Oct 2023 | £154,509 | £151,000 | 26 MICKLEY AVENUE |
| 31 Mar 2023 | £160,175 | £157,500 | UNIT 16 FALLINGS PARK INDUSTRIAL ESTATE |
| 3 Feb 2023 | £171,143 | £170,000 | UNIT 13 FALLINGS PARK INDUSTRIAL ESTATE |
| 15 Sep 2022 | £2,282,110 | £2,283,634 | FALLINGS PARK SERVICE STATION CANNOCK ROAD |
This house has a floor area of 91 sq meters or 982 sq feet when measured on 20 Nov 2008. Using an estimated price of £99,900 means this house is valued at £1,094 per sq meter (£101 per sq foot).
The average size of a house on PARK LANE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Street |
| Jun 2024 | Public order | Under investigation | On or near Bank Street |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Bank Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Street |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Bank Street |