£159,860
This estimated value is based upon the latest sale price for the house of £148,995 on 7 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£148,995 | 7 Jun 2021 |
£98,000 | 28 May 2012 |
£66,000 | 31 Aug 2001 |
£55,000 | 30 Sep 1998 |
£49,000 | 17 Apr 1996 |
Terraced |
Freehold |
Floor Area: 50 sq meters or 540 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £148,995 results in an estimated price of approximately £159,860.
7 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £148,995 | £10,865 | £159,860 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 17.486 % | £26,053 | £175,048 |
3 Month Average | 5.767 % | £8,593 | £157,588 |
6 Month Average | 11.923 % | £17,763 | £166,758 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £150,636 | £148,000 | 27 PRESTWOOD ROAD |
28 Jun 2023 | £202,452 | £200,000 | 17 KINGS PARK WEST |
15 Jun 2022 | £213,010 | £210,000 | 75 BUSHWOOD ROAD |
18 Mar 2022 | £199,999 | £193,000 | 10 BELVIDE GROVE |
7 Mar 2022 | £176,683 | £170,500 | 9 PARK MEWS |
This house has a floor area of 50 sq meters or 540 sq feet when measured on 8 Jul 2011. Using an estimated price of £159,860 means this house is valued at £3,184 per sq meter (£295 per sq foot).
The average size of a house on PARK MEWS is 59 sq meters (645 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Mews |
Mar 2024 | Anti-social behaviour | On or near Park Mews | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Mews |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Mews |
Jan 2024 | Anti-social behaviour | On or near Park Mews |