£170,685
This estimated value is based upon the latest sale price for the house of £136,000 on 30 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £136,000 | 30 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £136,000 results in an estimated price of approximately £170,685.
| 30 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £136,000 | £34,685 | £170,685 |
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 | 33.190 % | £45,138 | £181,138 |
| 3 Month Average | 17.854 % | £24,281 | £160,281 |
| 6 Month Average | 32.774 % | £44,573 | £180,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £233,645 | £230,500 | 13 THE GROVE |
| 4 Apr 2023 | £171,850 | £170,000 | 2A WICKHAM GARDENS |
| 3 Mar 2023 | £201,902 | £200,000 | 12 THE GROVE |
| 21 Feb 2023 | £69,953 | £70,000 | 30 HIGHFIELD CRESCENT |
| 7 Nov 2022 | £306,290 | £310,000 | 5 THE GROVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 Oct 2017. Using an estimated price of £170,686 means this house is valued at £2,056 per sq meter (£191 per sq foot).
The average size of a house on PARKHOUSE AVENUE is 161 sq meters (1,738 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Grove |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Grove |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Parkhouse Avenue |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Elder Grove |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elder Grove |