£304,078
This estimated value is based upon the latest sale price for the house of £247,500 on 17 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £247,500 | 17 Dec 2018 |
| £128,000 | 15 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 903 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £247,500 results in an estimated price of approximately £304,078.
| 17 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £247,500 | £56,578 | £304,078 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 76.324 % | £188,901 | £436,401 |
| 3 Month Average | 26.683 % | £66,039 | £313,539 |
| 6 Month Average | 17.519 % | £43,358 | £290,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £313,939 | £308,000 | 58 ELIZABETH ROAD |
| 30 Nov 2023 | £185,380 | £183,000 | 107 PARKESTON CRESCENT |
| 28 Jul 2023 | £187,776 | £186,000 | 62 PARKESTON CRESCENT |
| 19 Jun 2023 | £226,839 | £225,000 | 42 ELIZABETH ROAD |
| 28 Feb 2023 | £119,385 | £119,950 | 16 HAZEL AVENUE |
This house has a floor area of 83 sq meters or 903 sq feet when measured on 29 Nov 2010. Using an estimated price of £304,078 means this house is valued at £3,623 per sq meter (£336 per sq foot).
The average size of a house on ELIZABETH ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Parkeston Crescent |
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Parkeston Crescent |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkeston Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkeston Crescent |
| Apr 2024 | Other theft | Under investigation | On or near Elizabeth Road |