£246,067
This estimated value is based upon the latest sale price for the house of £202,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £202,000 | 31 Jul 2020 |
| £123,000 | 10 Apr 2006 |
| £66,500 | 18 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £202,000 results in an estimated price of approximately £246,067.
| 31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £202,000 | £44,067 | £246,067 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 15.670 % | £31,652 | £233,652 |
| 3 Month Average | 21.443 % | £43,314 | £245,314 |
| 6 Month Average | 20.225 % | £40,855 | £242,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £95,412 | £93,500 | 140 RIDGE LANE |
| 27 Feb 2023 | £206,379 | £205,000 | 52 PRESTWOOD AVENUE |
| 3 Feb 2023 | £251,681 | £250,000 | 275 WOOD END ROAD |
| 4 Nov 2022 | £199,069 | £200,000 | 25 PRESTWOOD AVENUE |
| 27 May 2022 | £241,286 | £235,000 | 84 PRESTWOOD AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 5 Mar 2020. Using an estimated price of £246,067 means this house is valued at £3,237 per sq meter (£300 per sq foot).
The average size of a house on PRESTWOOD AVENUE is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Prestwood Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prestwood Avenue |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ridge Lane |
| Sep 2024 | Anti-social behaviour | On or near Ridge Lane | |
| Sep 2024 | Anti-social behaviour | On or near Ridge Lane |