£142,762
This estimated value is based upon the latest sale price for the house of £85,455 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,455 | 30 Nov 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 November 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.062%.Applying this 67.062% change to the original purchase price of £85,455 results in an estimated price of approximately £142,762.
| 30 Nov 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 146.7 | 67.062 % | £85,455 | £57,307 | £142,762 |
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 | 60.803 % | £51,959 | £137,414 |
| 3 Month Average | 61.359 % | £52,434 | £137,889 |
| 6 Month Average | 76.404 % | £65,290 | £150,745 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 21 Nov 2012.
The average size of a house on EUROPA GARDENS is 72 sq meters (782 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Europa Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Europa Gardens |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Mercury Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rainbow Avenue |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |