£273,569
This estimated value is based upon the latest sale price for the house of £95,000 on 20 Jun 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£95,000 | 20 Jun 2002 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 June 2002 the House Price Index for WEST MIDLANDS was 52.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 187.968%.Applying this 187.968% change to the original purchase price of £95,000 results in an estimated price of approximately £273,569.
20 Jun 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
52.0 | 149.7 | 187.968 % | £95,000 | £178,569 | £273,569 |
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 | 21.947 % | £20,849 | £115,849 |
3 Month Average | 151.914 % | £144,317 | £239,317 |
6 Month Average | 162.459 % | £154,335 | £249,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £479,161 | £475,000 | 81 PRESTWOOD ROAD WEST |
7 Dec 2023 | £268,243 | £260,000 | 3 LONG MILL NORTH |
24 Oct 2023 | £386,785 | £378,000 | 16 LONG MILL NORTH |
11 Jan 2023 | £255,683 | £255,000 | 108 PRESTWOOD ROAD WEST |
21 Jul 2022 | £237,379 | £235,000 | 13 LONG MILL AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 7 Feb 2009. Using an estimated price of £273,569 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on PRESTWOOD ROAD WEST is 128 sq meters (1,378 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Prestwood Road West |
Jun 2024 | Anti-social behaviour | On or near Fairview Crescent | |
Jun 2024 | Anti-social behaviour | On or near Fairview Crescent | |
May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cedar Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Long Mill North |