£239,282
This estimated value is based upon the latest sale price for the house of £140,000 on 9 Mar 2012. 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 Park Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £140,000 | 9 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 578 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 2012 the House Price Index for WEST MIDLANDS was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £140,000 results in an estimated price of approximately £239,282.
| 9 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £140,000 | £99,282 | £239,282 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 65.011 % | £91,014 | £231,014 |
| 3 Month Average | 86.552 % | £121,172 | £261,172 |
| 6 Month Average | 86.529 % | £121,140 | £261,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £197,526 | £195,000 | 27 PARKGATE ROAD |
| 28 Jul 2023 | £248,342 | £245,000 | 6 PARKLAND CLOSE |
| 22 Jul 2022 | £195,526 | £195,000 | 33 PARKGATE ROAD |
| 30 Jun 2022 | £184,102 | £181,500 | 31 PARKGATE ROAD |
| 6 Jun 2022 | £170,408 | £168,000 | 17 DYMOND ROAD |
This house has a floor area of 53 sq meters or 578 sq feet when measured on 24 Jan 2012. Using an estimated price of £239,283 means this house is valued at £4,450 per sq meter (£413 per sq foot).
The average size of a house on WHEELWRIGHT LANE is 86 sq meters (934 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (578 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Park Avenue |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Park Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Park Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Avenue |