£205,115
This estimated value is based upon the latest sale price for the house of £142,500 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £142,500 | 10 Jul 2015 |
| 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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £142,500 results in an estimated price of approximately £205,115.
| 10 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £142,500 | £62,615 | £205,115 |
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 | 47.867 % | £68,210 | £210,710 |
| 3 Month Average | 17.426 % | £24,832 | £167,332 |
| 6 Month Average | 72.866 % | £103,834 | £246,334 |
| 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 |
| 25 Nov 2022 | £284,059 | £287,500 | 84 PARK LANE |
| 28 Oct 2022 | £217,656 | £220,000 | 93 BARLOW ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 27 Mar 2015. Using an estimated price of £205,115 means this house is valued at £2,159 per sq meter (£200 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 | |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Prince George Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Prince George Road |