£79,975
This estimated value is based upon the latest sale price for the house of £65,000 on 1 Mar 2019. 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 The Parade
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| Price Paid | Date |
|---|---|
| £65,000 | 1 Mar 2019 |
| £65,950 | 7 Jul 2006 |
| £50,000 | 30 Jun 2005 |
| £24,000 | 24 May 2002 |
| £16,250 | 14 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £65,000 results in an estimated price of approximately £79,975.
| 1 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £65,000 | £14,975 | £79,975 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 48.187 % | £31,321 | £96,321 |
| 3 Month Average | 36.394 % | £23,655 | £88,655 |
| 6 Month Average | 20.776 % | £13,504 | £78,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £283,725 | £282,000 | 16 WYCHERLEY WAY |
| 28 Jul 2023 | £116,098 | £115,000 | 77 WYCHERLEY WAY |
| 30 Jun 2023 | £146,689 | £145,500 | 4 THE PARADE |
| 23 Feb 2023 | £154,270 | £155,000 | 26 CODSALL ROAD |
| 10 Aug 2022 | £119,195 | £120,000 | 43 WYCHERLEY WAY |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 29 Aug 2018. Using an estimated price of £79,976 means this house is valued at £1,738 per sq meter (£161 per sq foot).
The average size of a house on THE PARADE is 102 sq meters (1,103 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Parade |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Parade |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near The Terrace |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near The Terrace |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Terrace |