£198,413
This estimated value is based upon the latest sale price for the house of £113,950 on 12 Jul 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£113,950 | 12 Jul 2013 |
£130,000 | 10 Jun 2005 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 2013 the House Price Index for WEST MIDLANDS was 59.9.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 74.124%.Applying this 74.124% change to the original purchase price of £113,950 results in an estimated price of approximately £198,413.
12 Jul 2013 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
59.9 | 104.3 | 74.124 % | £113,950 | £84,463 | £198,413 |
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 | 43.075 % | £49,084 | £163,034 |
3 Month Average | 63.159 % | £71,969 | £185,919 |
6 Month Average | 74.861 % | £85,303 | £199,253 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2024 | £464,243 | £450,000 | 61 BRANDHALL ROAD |
14 Mar 2024 | £245,537 | £230,000 | 45 PARSONS HILL |
1 Mar 2024 | £224,186 | £210,000 | 3 PARSONS HILL |
19 Dec 2023 | £205,163 | £191,000 | 56 PARSONS HILL |
15 Dec 2023 | £537,075 | £500,000 | 424 WOLVERHAMPTON ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 27 Feb 2013. Using an estimated price of £198,414 means this house is valued at £2,755 per sq meter (£256 per sq foot).
The average size of a house on PARSONS HILL is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Other theft | Unable to prosecute suspect | On or near Parsons Hill |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Parsons Hill |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Parsons Hill |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Romsley Road |
Mar 2025 | Anti-social behaviour | On or near Yardley Close |