£572,903
This estimated value is based upon the latest sale price for the house of £322,000 on 30 Mar 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Willow Park Drive
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| Price Paid | Date |
|---|---|
| £322,000 | 30 Mar 2006 |
| £135,000 | 8 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 March 2006 the House Price Index for WEST MIDLANDS was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £322,000 results in an estimated price of approximately £572,903.
| 30 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £322,000 | £250,903 | £572,903 |
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 | 66.480 % | £214,064 | £536,064 |
| 3 Month Average | 56.323 % | £181,360 | £503,360 |
| 6 Month Average | 70.390 % | £226,655 | £548,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £512,880 | £505,000 | 2 WILLOW PARK DRIVE |
| 13 Nov 2023 | £530,465 | £517,000 | 182 HAGLEY ROAD |
| 5 Apr 2023 | £260,370 | £255,500 | 30 MARLBOROUGH DRIVE |
| 1 Feb 2023 | £616,619 | £612,500 | 43 WILLOW PARK DRIVE |
| 4 May 2022 | £387,084 | £377,000 | 12A OAKLEIGH ROAD |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 5 Oct 2016. Using an estimated price of £572,904 means this house is valued at £3,844 per sq meter (£357 per sq foot).
The average size of a house on WILLOW PARK DRIVE is 141 sq meters (1,526 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Willow Park Drive |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Marlborough Drive |
| Oct 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Oct 2024 | Robbery | Under investigation | On or near Petrol Station |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station |