£479,161
This estimated value is based upon the latest sale price for the house of £475,000 on 12 Apr 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £475,000 | 12 Apr 2024 |
| Freehold |
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 April 2024 the House Price Index for WEST MIDLANDS was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £475,000 results in an estimated price of approximately £479,161.
| 12 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £475,000 | £4,161 | £479,161 |
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 | 25.103 % | £119,240 | £594,240 |
| 3 Month Average | 17.037 % | £80,925 | £555,925 |
| 6 Month Average | 2.884 % | £13,697 | £488,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £479,161 | £475,000 | 81 PRESTWOOD ROAD WEST |
| 28 Mar 2024 | £203,121 | £200,000 | 6 FAIRVIEW CLOSE |
| 6 Feb 2023 | £220,473 | £219,000 | 3 FAIRVIEW CRESCENT |
| 11 Jan 2023 | £255,683 | £255,000 | 108 PRESTWOOD ROAD WEST |
| 9 Sep 2022 | £229,846 | £230,000 | 27 FAIRVIEW CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prestwood Road West |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairview Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairview Close |
| Oct 2024 | Drugs | Under investigation | On or near Sports/Recreation Area |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairview Grove |