£292,800
This estimated value is based upon the latest sale price for the house of £293,000 on 26 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £293,000 | 26 Jul 2023 |
| £176,000 | 16 Mar 2016 |
| £93,000 | 4 Feb 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 July 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.068%.Applying this -0.068% change to the original purchase price of £293,000 results in an estimated price of approximately £292,800.
| 26 Jul 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 146.7 | -0.068 % | £293,000 | £-199 | £292,800 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | -29.611 % | £-86,760 | £206,239 |
| 3 Month Average | 4.514 % | £13,225 | £306,225 |
| 6 Month Average | 18.282 % | £53,565 | £346,565 |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 16 Apr 2015.
The average size of a house on PARKWAY ROAD is 135 sq meters (1,462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Parkway Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pelham Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malthouse Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malthouse Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Malthouse Drive |