£141,472
This estimated value is based upon the latest sale price for the house of £77,000 on 1 Apr 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £77,000 | 1 Apr 2005 |
| £56,700 | 7 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 April 2005 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.731%.Applying this 83.731% change to the original purchase price of £77,000 results in an estimated price of approximately £141,472.
| 1 Apr 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.731 % | £77,000 | £64,472 | £141,472 |
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 | 107.129 % | £82,489 | £159,489 |
| 3 Month Average | 42.876 % | £33,014 | £110,014 |
| 6 Month Average | 80.519 % | £61,999 | £138,999 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Dec 2018.
The average size of a house on PRESTWOOD ROAD is 73 sq meters (791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elder Grove |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wickham Gardens |
| Mar 2024 | Drugs | Under investigation | On or near Wimborne Road |
| Mar 2024 | Burglary | Under investigation | On or near Wimborne Road |
| Mar 2024 | Burglary | Under investigation | On or near Wimborne Road |