£227,490
This estimated value is based upon the latest sale price for the house of £225,500 on 24 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£225,500 | 24 Aug 2023 |
£154,950 | 12 Apr 2007 |
£92,950 | 8 Feb 2002 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 August 2023 the House Price Index for WEST MIDLANDS was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £225,500 results in an estimated price of approximately £227,490.
24 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.3 | 148.6 | 0.883 % | £225,500 | £1,990 | £227,490 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | -15.151 % | £-34,165 | £191,334 |
3 Month Average | -14.008 % | £-31,587 | £193,912 |
6 Month Average | -5.425 % | £-12,232 | £213,267 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £227,490 | £225,500 | 158 PARKDALE ROAD |
23 Jun 2023 | £244,967 | £242,000 | 39 SILVERMERE PARK WAY |
2 Aug 2022 | £239,356 | £240,000 | 57 SILVERMERE PARK WAY |
7 Jul 2022 | £120,324 | £120,000 | 220 PARKDALE ROAD |
3 May 2022 | £267,032 | £262,000 | 177 PARKDALE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Jun 2020. Using an estimated price of £227,490 means this house is valued at £2,614 per sq meter (£242 per sq foot).
The average size of a house on PARKDALE ROAD is 75 sq meters (811 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silvermere Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parkdale Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parkdale Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkdale Road |
Mar 2024 | Anti-social behaviour | On or near Parkdale Road |