£229,479
This estimated value is based upon the latest sale price for the house of £180,000 on 27 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£180,000 | 27 Jul 2017 |
£130,000 | 28 Apr 2006 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £180,000 results in an estimated price of approximately £229,479.
27 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £180,000 | £49,479 | £229,479 |
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 | 68.290 % | £122,922 | £302,922 |
3 Month Average | 11.680 % | £21,024 | £201,024 |
6 Month Average | 57.408 % | £103,334 | £283,334 |
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 94 sq meters or 1,011 sq feet when measured on 29 Mar 2017. Using an estimated price of £229,480 means this house is valued at £2,441 per sq meter (£226 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 |