£133,626
This estimated value is based upon the latest sale price for the house of £110,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 24 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £110,000 results in an estimated price of approximately £133,626.
| 24 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £110,000 | £23,626 | £133,626 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | -25.342 % | £-27,876 | £82,123 |
| 3 Month Average | -8.774 % | £-9,651 | £100,348 |
| 6 Month Average | 2.174 % | £2,391 | £112,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £90,551 | £90,000 | 616 PARKFIELD ROAD |
| 15 Jun 2023 | £151,138 | £149,913 | 17 SHARON CLOSE |
| 17 Jun 2022 | £141,433 | £140,000 | 13 PARKFIELD CRESCENT |
| 20 May 2022 | £197,942 | £195,000 | 27 MARTIN STREET |
| 31 Mar 2022 | £181,646 | £176,000 | 71 MYATT AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 Jan 2014. Using an estimated price of £133,627 means this house is valued at £1,805 per sq meter (£167 per sq foot).
The average size of a house on MYATT AVENUE is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkfield Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parkfield Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A4039 |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A4039 |