£268,597
This estimated value is based upon the latest sale price for the house of £242,750 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £242,750 | 22 Oct 2021 |
| £145,000 | 16 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £242,750 results in an estimated price of approximately £268,597.
| 22 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £242,750 | £25,847 | £268,597 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | -1.812 % | £-4,398 | £238,351 |
| 3 Month Average | -18.911 % | £-45,905 | £196,844 |
| 6 Month Average | -6.381 % | £-15,491 | £227,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £147,179 | £145,000 | 87 PARGETER ROAD |
| 30 Jun 2023 | £219,661 | £217,000 | 94 KATHERINE ROAD |
| 19 Apr 2023 | £181,959 | £180,000 | 123 KATHERINE ROAD |
| 15 Feb 2022 | £249,589 | £238,000 | 122 KATHERINE ROAD |
| 11 Feb 2022 | £168,053 | £160,250 | 103 PARGETER ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 20 Jan 2014. Using an estimated price of £268,598 means this house is valued at £2,797 per sq meter (£259 per sq foot).
The average size of a house on PARGETER ROAD is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pargeter Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Pargeter Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Pargeter Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Katherine Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Katherine Road |