£215,910
This estimated value is based upon the latest sale price for the house of £150,000 on 17 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 17 Jul 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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £150,000 results in an estimated price of approximately £215,910.
| 17 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £150,000 | £65,910 | £215,910 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 17.718 % | £26,576 | £176,576 |
| 3 Month Average | 17.110 % | £25,665 | £175,665 |
| 6 Month Average | 26.636 % | £39,953 | £189,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2023 | £246,837 | £248,000 | 24 FENMERE CLOSE |
| 31 Aug 2022 | £114,691 | £115,000 | FLAT 3 548 WOLVERHAMPTON ROAD EAST |
| 20 Jun 2022 | £273,870 | £270,000 | 31 DUDDING ROAD |
| 28 Mar 2022 | £236,268 | £228,000 | 6 BROADSTONE CLOSE |
| 18 Feb 2022 | £262,174 | £250,000 | 10 BROADSTONE CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 2 Feb 2015. Using an estimated price of £215,911 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on PARK HALL ROAD is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broadstone Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Pencombe Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dudding Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Dudding Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Dudding Road |