£407,812
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Nov 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £225,000 | 18 Nov 2005 |
| £125,000 | 28 Sep 2001 |
| £90,000 | 29 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 November 2005 the House Price Index for WEST MIDLANDS was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £225,000 results in an estimated price of approximately £407,812.
| 18 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.6 | 81.250 % | £225,000 | £182,812 | £407,812 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 47.565 % | £107,022 | £332,022 |
| 3 Month Average | 16.711 % | £37,599 | £262,599 |
| 6 Month Average | 64.541 % | £145,216 | £370,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £188,295 | £185,000 | 11 BEECH CRESCENT |
| 14 Apr 2023 | £131,415 | £130,000 | HAIR SALON, 1 SIMCOX ROAD |
| 17 Mar 2023 | £161,522 | £160,000 | 19 PRINCE GEORGE ROAD |
| 13 Jan 2023 | £122,423 | £123,000 | 19 HOLLY ROAD |
| 25 Nov 2022 | £284,059 | £287,500 | 84 PARK LANE |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 20 May 2016. Using an estimated price of £407,813 means this house is valued at £2,614 per sq meter (£242 per sq foot).
The average size of a house on PARK LANE is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Simcox Road | |
| Jan 2024 | Anti-social behaviour | On or near Simcox Road | |
| Jan 2024 | Anti-social behaviour | On or near Simcox Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4200 |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B4200 |