£339,382
This estimated value is based upon the latest sale price for the house of £225,000 on 28 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 28 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 July 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £225,000 results in an estimated price of approximately £339,382.
| 28 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £225,000 | £114,382 | £339,382 |
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 | 57.394 % | £129,135 | £354,135 |
| 3 Month Average | 25.258 % | £56,831 | £281,831 |
| 6 Month Average | 60.627 % | £136,410 | £361,410 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 2 Apr 2015.
The average size of a house on PRESTWOOD ROAD WEST is 128 sq meters (1,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Prestwood Road West |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Prestwood Road West |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Fairview Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fairview Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Fairview Road |