£186,935
This estimated value is based upon the latest sale price for the house of £54,000 on 30 Apr 2001. 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 Place
More crime details
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| Price Paid | Date |
|---|---|
| £54,000 | 30 Apr 2001 |
| Semi-Detached |
| Freehold |
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 April 2001 the House Price Index for WEST MIDLANDS was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £54,000 results in an estimated price of approximately £186,935.
| 30 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £54,000 | £132,935 | £186,935 |
The Postcode Pricing Model uses changes in average sales price within the B7 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 | 2881.424 % | £1,555,968 | £1,609,968 |
| 3 Month Average | 1802.237 % | £973,207 | £1,027,207 |
| 6 Month Average | 818.560 % | £442,022 | £496,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £232,188 | £230,000 | 263 NECHELLS PARK ROAD |
| 7 Feb 2023 | £164,889 | £165,000 | 166 NECHELLS PARK ROAD |
| 2 Sep 2022 | £69,439 | £70,000 | 19 CHATTAWAY STREET |
| 4 Mar 2022 | £162,693 | £157,000 | 49 ASTON CHURCH ROAD |
| 11 Feb 2022 | £176,181 | £168,000 | 18 COOK STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Place |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Park Place |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Park Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Place |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Needham Street |