£989,935
This estimated value is based upon the latest sale price for the house of £727,500 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Manor Park Close
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| Price Paid | Date |
|---|---|
| £727,500 | 30 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 320 sq meters or 3,444 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 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £727,500 results in an estimated price of approximately £989,935.
| 30 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £727,500 | £262,435 | £989,935 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | 14.693 % | £106,893 | £834,393 |
| 3 Month Average | 35.456 % | £257,941 | £985,441 |
| 6 Month Average | 28.706 % | £208,836 | £936,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £232,500 | £232,500 | FLAT 4 PRIORY HOUSE, 11 MANOR PARK CLOSE |
| 9 Jun 2023 | £295,930 | £290,000 | 54 MAYFIELD ROAD |
| 10 Jun 2022 | £107,294 | £105,000 | FLAT 5 WARWICK COURT, 35 WAKE GREEN ROAD |
| 26 May 2022 | £177,114 | £172,500 | FLAT 3 WAVERLEY COURT, 28 WAKE GREEN ROAD |
| 25 May 2022 | £151,959 | £148,000 | FLAT 5 MULBERRY COURT, 22 WAKE GREEN ROAD |
This house has a floor area of 320 sq meters or 3,444 sq feet when measured on 26 May 2015. Using an estimated price of £989,936 means this house is valued at £3,093 per sq meter (£287 per sq foot).
The average size of a house on WAKE GREEN ROAD is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Manor Park Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Manor Park Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Manor Park Close |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Manor Park Close |
| Sep 2024 | Anti-social behaviour | On or near Manor Park Close |