£201,620
This estimated value is based upon the latest sale price for the house of £118,000 on 1 Jun 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£118,000 | 1 Jun 2012 |
£95,000 | 21 Jan 2005 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 June 2012 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £118,000 results in an estimated price of approximately £201,620.
1 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.865 % | £118,000 | £83,620 | £201,620 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 51.426 % | £60,682 | £178,682 |
3 Month Average | 53.767 % | £63,445 | £181,445 |
6 Month Average | 60.629 % | £71,541 | £189,541 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £287,293 | £280,000 | 55 PARK ROAD |
22 Jun 2023 | £234,703 | £230,000 | 24 WHITMORE ROAD |
2 Aug 2022 | £457,138 | £455,000 | 48 PARK ROAD |
22 Jul 2022 | £394,957 | £391,000 | 37 PARK ROAD |
30 May 2022 | £362,995 | £353,538 | 2 PALFREY ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 Sep 2011. Using an estimated price of £201,620 means this house is valued at £2,687 per sq meter (£249 per sq foot).
The average size of a house on WHITMORE ROAD is 94 sq meters (1,013 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Palfrey Road |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palfrey Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palfrey Road |
Jul 2024 | Other crime | Under investigation | On or near Palfrey Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palfrey Road |