£338,911
This estimated value is based upon the latest sale price for the house of £157,000 on 23 Jan 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £157,000 | 23 Jan 2004 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 January 2004 the House Price Index for WEST MIDLANDS was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £157,000 results in an estimated price of approximately £338,911.
| 23 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £157,000 | £181,911 | £338,911 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 135.608 % | £212,904 | £369,904 |
| 3 Month Average | 138.540 % | £217,508 | £374,508 |
| 6 Month Average | 119.926 % | £188,283 | £345,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £126,899 | £123,000 | 26 WALPOLE STREET |
| 31 Oct 2023 | £143,254 | £140,000 | 30 NEWHAMPTON ROAD WEST |
| 9 Oct 2023 | £71,727 | £70,098 | 15 NEWHAMPTON ROAD WEST |
| 11 Jan 2023 | £120,321 | £120,000 | 22 WALPOLE STREET |
| 29 Nov 2022 | £140,841 | £141,500 | 37 WALPOLE STREET |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 21 Jul 2018. Using an estimated price of £338,911 means this house is valued at £2,607 per sq meter (£242 per sq foot).
The average size of a house on PARK ROAD WEST is 126 sq meters (1,358 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walpole Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Walpole Street |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walpole Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walpole Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walpole Street |