£147,335
This estimated value is based upon the latest sale price for the house of £86,000 on 1 Apr 2011. 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 East Park Way
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| Price Paid | Date |
|---|---|
| £86,000 | 1 Apr 2011 |
| £96,000 | 18 Sep 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 803 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 April 2011 the House Price Index for WEST MIDLANDS was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £86,000 results in an estimated price of approximately £147,335.
| 1 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £86,000 | £61,335 | £147,335 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 5.306 % | £4,563 | £90,563 |
| 3 Month Average | 43.571 % | £37,471 | £123,471 |
| 6 Month Average | 64.798 % | £55,726 | £141,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £126,878 | £125,000 | 209 WILLENHALL ROAD |
| 29 Sep 2023 | £223,862 | £221,000 | 15 PLASCOM ROAD |
| 13 Mar 2023 | £181,712 | £180,000 | 66 EAST PARK WAY |
| 24 Feb 2023 | £207,860 | £208,000 | 47 PLASCOM ROAD |
| 1 Feb 2023 | £177,381 | £177,500 | 23 ASTBURY CLOSE |
This house has a floor area of 74 sq meters or 803 sq feet when measured on 18 Aug 2009. Using an estimated price of £147,336 means this house is valued at £1,974 per sq meter (£183 per sq foot).
The average size of a house on PLASCOM ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Offender given a caution | On or near East Park Way |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Park Way |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near East Park Way |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near East Park Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near East Park Way |