£284,971
This estimated value is based upon the latest sale price for the house of £155,000 on 22 Jul 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,000 | 22 Jul 2005 |
| £57,000 | 28 May 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 July 2005 the House Price Index for WEST MIDLANDS was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £155,000 results in an estimated price of approximately £284,971.
| 22 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £155,000 | £129,971 | £284,971 |
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 | 59.970 % | £92,952 | £247,952 |
| 3 Month Average | 56.964 % | £88,294 | £243,294 |
| 6 Month Average | 83.142 % | £128,869 | £283,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £245,808 | £242,500 | 91 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 |
| 20 Jan 2023 | £163,231 | £164,000 | 136 FARM ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 Aug 2012. Using an estimated price of £284,972 means this house is valued at £3,131 per sq meter (£290 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 |