£152,382
This estimated value is based upon the latest sale price for the house of £122,500 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £122,500 | 29 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £122,500 results in an estimated price of approximately £152,382.
| 29 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £122,500 | £29,882 | £152,382 |
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 | 20.437 % | £25,035 | £147,535 |
| 3 Month Average | 4.178 % | £5,118 | £127,618 |
| 6 Month Average | 25.093 % | £30,738 | £153,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £229,007 | £225,000 | 173 PARK ROAD |
| 14 Dec 2023 | £310,432 | £305,000 | 222 PARK ROAD |
| 13 Nov 2023 | £192,855 | £190,000 | 246 PARK ROAD |
| 3 Jul 2023 | £119,610 | £118,000 | 142A PARK ROAD |
| 8 Jun 2023 | £268,249 | £265,000 | 68 UPPER ST MARYS ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 10 Sep 2019. Using an estimated price of £152,383 means this house is valued at £1,238 per sq meter (£115 per sq foot).
The average size of a house on PARK ROAD is 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Park Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clifford Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Clifford Road |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Clifford Road |
| Dec 2023 | Possession of weapons | Unable to prosecute suspect | On or near Clifford Road |