£114,908
This estimated value is based upon the latest sale price for the house of £67,000 on 3 Feb 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £67,000 | 3 Feb 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 892 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 February 2012 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £67,000 results in an estimated price of approximately £114,908.
| 3 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £67,000 | £47,908 | £114,908 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 49.781 % | £33,353 | £100,353 |
| 3 Month Average | 60.190 % | £40,327 | £107,327 |
| 6 Month Average | 58.824 % | £39,412 | £106,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £162,072 | £160,000 | 24 PARKFIELD CRESCENT |
| 21 Apr 2023 | £277,993 | £275,000 | 24 BIRMINGHAM NEW ROAD |
| 13 Feb 2023 | £229,845 | £230,000 | 30 PARKFIELD CRESCENT |
| 28 Apr 2022 | £200,811 | £195,000 | 34 PARKFIELD CRESCENT |
| 13 Dec 2021 | £37,498 | £35,000 | FLAT 5 GRAFTON HOUSE OLIVE AVENUE |
This house has a floor area of 82 sq meters or 892 sq feet when measured on 8 May 2011. Using an estimated price of £114,908 means this house is valued at £1,385 per sq meter (£128 per sq foot).
The average size of a house on PARKFIELD ROAD is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Buller Street |
| Feb 2024 | Public order | Under investigation | On or near Buller Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buller Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Buller Street |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Buller Street |