£419,129
This estimated value is based upon the latest sale price for the house of £330,000 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Park Road West
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| Price Paid | Date |
|---|---|
| £330,000 | 31 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £330,000 results in an estimated price of approximately £419,129.
| 31 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £330,000 | £89,129 | £419,129 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | -28.487 % | £-94,007 | £235,992 |
| 3 Month Average | 27.078 % | £89,356 | £419,356 |
| 6 Month Average | 22.036 % | £72,719 | £402,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £342,500 | £342,500 | 48 HIGH PARK AVENUE |
| 22 Sep 2023 | £359,598 | £355,000 | 47 HIGH PARK AVENUE |
| 18 Aug 2023 | £232,030 | £230,000 | 60 LADY GREYS WALK |
| 28 Jul 2023 | £283,820 | £280,000 | 31 PARK ROAD WEST |
| 13 Apr 2023 | £313,374 | £310,000 | 27 GREGORY ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 2 May 2017. Using an estimated price of £419,129 means this house is valued at £3,274 per sq meter (£304 per sq foot).
The average size of a house on GREGORY ROAD is 106 sq meters (1,150 sq feet).
This house is the largest in the street with a floor area of 128 sq meters (1,377 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Road West |
| Jan 2024 | Vehicle crime | Under investigation | On or near Gladstone Road |
| Mar 2024 | Other crime | Under investigation | On or near Lyttelton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyttelton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyttelton Road |