£87,572
This estimated value is based upon the latest sale price for the house of £60,000 on 14 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 14 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £60,000 results in an estimated price of approximately £87,572.
| 14 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £60,000 | £27,572 | £87,572 |
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 | 40.980 % | £24,588 | £84,588 |
| 3 Month Average | 25.102 % | £15,061 | £75,061 |
| 6 Month Average | 43.197 % | £25,918 | £85,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £203,005 | £200,000 | 5 HAZELWOOD DRIVE |
| 25 Jul 2023 | £53,723 | £53,000 | 112 MILTON ROAD |
| 6 Feb 2023 | £162,890 | £163,000 | 3 MILTON ROAD |
| 30 Jun 2022 | £207,939 | £205,000 | 4 HAZELWOOD DRIVE |
| 6 Apr 2022 | £157,559 | £153,000 | 9 MILTON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Mar 2015. Using an estimated price of £87,572 means this house is valued at £1,167 per sq meter (£108 per sq foot).
The average size of a house on PRESTWOOD ROAD is 73 sq meters (791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Milton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hazelwood Drive |
| Feb 2024 | Theft from the person | Local resolution | On or near Hazelwood Drive |