£127,830
This estimated value is based upon the latest sale price for the house of £39,000 on 13 Sep 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £39,000 | 13 Sep 2001 |
| £31,000 | 30 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 September 2001 the House Price Index for WEST MIDLANDS was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £39,000 results in an estimated price of approximately £127,830.
| 13 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £39,000 | £88,830 | £127,830 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 169.247 % | £66,006 | £105,006 |
| 3 Month Average | 189.223 % | £73,797 | £112,797 |
| 6 Month Average | 228.284 % | £89,030 | £128,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £97,443 | £96,000 | 316 - 318 PRESTWOOD ROAD |
| 3 Nov 2023 | £203,005 | £200,000 | 5 HAZELWOOD DRIVE |
| 15 Sep 2023 | £141,813 | £140,000 | 21 BRAMERTON CLOSE |
| 25 Jul 2023 | £53,723 | £53,000 | 112 MILTON ROAD |
| 6 Feb 2023 | £162,890 | £163,000 | 3 MILTON ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 16 Feb 2015. Using an estimated price of £127,831 means this house is valued at £1,727 per sq meter (£160 per sq foot).
The average size of a house on PRESTWOOD ROAD is 73 sq meters (791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Prestwood Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Milton Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Bramerton Close |