£258,710
This estimated value is based upon the latest sale price for the house of £205,000 on 9 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 9 Oct 2017 |
| £93,000 | 18 Jul 2003 |
| £65,000 | 16 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £205,000 results in an estimated price of approximately £258,710.
| 9 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £205,000 | £53,710 | £258,710 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 36.392 % | £74,602 | £279,602 |
| 3 Month Average | 10.896 % | £22,336 | £227,336 |
| 6 Month Average | 40.045 % | £82,092 | £287,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £393,442 | £390,000 | 2 PARKFIELD ROAD |
| 30 Jun 2023 | £283,433 | £280,000 | 85 PARKFIELD ROAD |
| 3 Mar 2023 | £302,853 | £300,000 | 113 FARM ROAD |
| 3 Mar 2023 | £326,351 | £323,276 | 82 PARKFIELD ROAD |
| 11 Mar 2022 | £274,610 | £265,000 | 19 PARKFIELD ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 20 Jun 2017. Using an estimated price of £258,710 means this house is valued at £2,752 per sq meter (£255 per sq foot).
The average size of a house on FARM ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Farm Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Farm Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Farm Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Farm Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Farm Road |