£133,749
This estimated value is based upon the latest sale price for the house of £102,000 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £102,000 | 2 Dec 2016 |
| £44,000 | 14 Dec 2001 |
| Terraced |
| 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 December 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £102,000 results in an estimated price of approximately £133,749.
| 2 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £102,000 | £31,749 | £133,749 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 52.621 % | £53,673 | £155,673 |
| 3 Month Average | 13.627 % | £13,899 | £115,899 |
| 6 Month Average | 25.590 % | £26,101 | £128,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £187,268 | £185,000 | 56 PARKHILL ROAD |
| 10 Jan 2023 | £133,123 | £133,750 | 69 PARKHILL ROAD |
| 3 May 2022 | £163,073 | £160,000 | 8 HIGHFIELD ROAD |
| 29 Apr 2022 | £187,423 | £182,000 | 36 PARKES STREET |
| 11 Feb 2022 | £154,158 | £147,000 | 43 PARKES STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 3 Dec 2021. Using an estimated price of £133,749 means this house is valued at £1,469 per sq meter (£136 per sq foot).
The average size of a house on PARKHILL ROAD is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Hill Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Park Hill Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Hill Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Hill Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Hill Road |