£155,917
This estimated value is based upon the latest sale price for the house of £126,500 on 21 Feb 2020. 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 East Park Way
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| Price Paid | Date |
|---|---|
| £126,500 | 21 Feb 2020 |
| £119,125 | 21 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £126,500 results in an estimated price of approximately £155,917.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £126,500 | £29,417 | £155,917 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 148.611 % | £187,992 | £314,492 |
| 3 Month Average | 10.217 % | £12,924 | £139,424 |
| 6 Month Average | 7.885 % | £9,974 | £136,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £116,007 | £115,000 | 3A EAST PARK WAY |
| 28 Mar 2024 | £208,199 | £205,000 | 45 EAST PARK WAY |
| 3 Nov 2023 | £128,256 | £125,000 | 209 WILLENHALL ROAD |
| 1 Sep 2023 | £66,465 | £65,000 | 6 WOODSTOCK ROAD |
| 17 Aug 2023 | £224,041 | £220,000 | 236 WILLENHALL ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 8 Feb 2015. Using an estimated price of £155,917 means this house is valued at £2,642 per sq meter (£245 per sq foot).
The average size of a house on MAYFIELD ROAD is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near East Park Way | |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near East Park Way |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near East Park Way |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Park Way |
| Apr 2024 | Criminal damage and arson | Offender given a caution | On or near East Park Way |