£192,508
This estimated value is based upon the latest sale price for the house of £112,000 on 13 Apr 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£112,000 | 13 Apr 2012 |
£130,000 | 1 Dec 2008 |
Semi-Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 April 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £112,000 results in an estimated price of approximately £192,508.
13 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.883 % | £112,000 | £80,508 | £192,508 |
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 | 45.421 % | £50,871 | £162,871 |
3 Month Average | 75.415 % | £84,465 | £196,465 |
6 Month Average | 74.499 % | £83,438 | £195,438 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £224,954 | £219,995 | 132 NORTHWOOD PARK ROAD |
31 Aug 2023 | £274,954 | £269,995 | 122 NORTHWOOD PARK ROAD |
11 Aug 2023 | £152,755 | £150,000 | 2 ELMCROFT GARDENS |
1 Aug 2023 | £269,862 | £264,995 | 124 NORTHWOOD PARK ROAD |
30 Jun 2023 | £224,494 | £219,995 | 118 NORTHWOOD PARK ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 25 Apr 2016. Using an estimated price of £192,509 means this house is valued at £1,887 per sq meter (£175 per sq foot).
The average size of a house on NORTHWOOD PARK ROAD is 83 sq meters (903 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Unable to prosecute suspect | On or near Northwood Park Road |
Jul 2024 | Anti-social behaviour | On or near Northwood Park Road | |
Jul 2024 | Anti-social behaviour | On or near Northwood Park Road | |
Jul 2024 | Anti-social behaviour | On or near Northwood Park Road | |
Jul 2024 | Anti-social behaviour | On or near Northwood Park Road |