£139,395
This estimated value is based upon the latest sale price for the house of £89,000 on 12 Oct 2007. 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 Park Crescent
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| Price Paid | Date |
|---|---|
| £89,000 | 12 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 October 2007 the House Price Index for WEST MIDLANDS was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £89,000 results in an estimated price of approximately £139,395.
| 12 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £89,000 | £50,395 | £139,395 |
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 | 99.783 % | £88,806 | £177,806 |
| 3 Month Average | 42.530 % | £37,851 | £126,851 |
| 6 Month Average | 40.389 % | £35,946 | £124,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £50,780 | £50,000 | 17 WREKIN VIEW WATERLOO ROAD |
| 22 Sep 2023 | £485,707 | £475,000 | 55 WATERLOO ROAD |
| 9 Jun 2023 | £862,280 | £845,000 | 1 SOUTHGATE |
| 24 Apr 2023 | £101,906 | £100,000 | 5A PARK CRESCENT |
| 31 Mar 2023 | £203,397 | £200,000 | 19 PARK AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 15 Oct 2017. Using an estimated price of £139,396 means this house is valued at £2,212 per sq meter (£205 per sq foot).
The average size of a house on PARK CRESCENT is 106 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Park Crescent |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Crescent |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Crescent |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Park Crescent |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southgate |