£344,671
This estimated value is based upon the latest sale price for the house of £185,000 on 8 May 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £185,000 | 8 May 2009 |
| £210,000 | 25 May 2005 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,161 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 May 2009 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £185,000 results in an estimated price of approximately £344,671.
| 8 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £185,000 | £159,671 | £344,671 |
The Postcode Pricing Model uses changes in average sales price within the B36 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 | 31.797 % | £58,824 | £243,824 |
| 3 Month Average | 92.001 % | £170,201 | £355,201 |
| 6 Month Average | 84.109 % | £155,602 | £340,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £405,000 | £405,000 | 1 FAIRCROFT ROAD |
| 15 Dec 2023 | £232,133 | £225,000 | 6 PIKEHORNE CROFT |
| 14 Nov 2023 | £129,282 | £126,000 | 9 BLEWITT CLOSE |
| 18 Oct 2023 | £375,529 | £367,000 | 6 FAIRCROFT ROAD |
| 14 Apr 2023 | £234,384 | £230,000 | 15 CASTELLO DRIVE |
This house has a floor area of 107 sq meters or 1,161 sq feet when measured on 12 Dec 2008. Using an estimated price of £344,672 means this house is valued at £3,193 per sq meter (£296 per sq foot).
The average size of a house on PARKFIELD DRIVE is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pikehorne Croft |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pikehorne Croft |
| Aug 2024 | Burglary | Under investigation | On or near Chadshunt Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Chadshunt Close |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Chadshunt Close |