£200,094
This estimated value is based upon the latest sale price for the house of £149,000 on 31 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £149,000 | 31 May 2016 |
| £155,000 | 28 May 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £149,000 results in an estimated price of approximately £200,094.
| 31 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £149,000 | £51,094 | £200,094 |
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 | 116.392 % | £173,424 | £322,424 |
| 3 Month Average | 49.584 % | £73,880 | £222,880 |
| 6 Month Average | 50.823 % | £75,726 | £224,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £283,626 | £280,000 | 20 EUROPA GARDENS |
| 25 Aug 2023 | £163,934 | £162,500 | 16 DONINGTON GROVE |
| 7 Aug 2023 | £131,147 | £130,000 | 70 DONINGTON GROVE |
| 22 Jul 2022 | £220,594 | £220,000 | 35 MERCURY DRIVE |
| 30 Jun 2022 | £197,795 | £195,000 | 17 EUROPA GARDENS |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 27 Apr 2012. Using an estimated price of £200,094 means this house is valued at £2,598 per sq meter (£241 per sq foot).
The average size of a house on EUROPA GARDENS is 72 sq meters (782 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Europa Gardens |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Mercury Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Mercury Drive |
| Apr 2024 | Public order | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |