£130,304
This estimated value is based upon the latest sale price for the house of £75,000 on 16 Oct 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £75,000 | 16 Oct 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2009 the House Price Index for WEST MIDLANDS was 84.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 73.740%.Applying this 73.740% change to the original purchase price of £75,000 results in an estimated price of approximately £130,304.
| 16 Oct 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 146.7 | 73.740 % | £75,000 | £55,304 | £130,304 |
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 | 63.029 % | £47,271 | £122,271 |
| 3 Month Average | 67.134 % | £50,350 | £125,350 |
| 6 Month Average | 87.135 % | £65,351 | £140,351 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 24 Apr 2013.
The average size of a house on PARK LANE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wolseley Gate |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wolseley Gate |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wolseley Gate |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wolseley Gate |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Wolseley Gate |