£197,607
This estimated value is based upon the latest sale price for the house of £155,000 on 26 Jul 2017. 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 | 26 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £155,000 results in an estimated price of approximately £197,607.
| 26 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £155,000 | £42,607 | £197,607 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 15.634 % | £24,232 | £179,232 |
| 3 Month Average | 21.707 % | £33,645 | £188,645 |
| 6 Month Average | 35.240 % | £54,622 | £209,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2022 | £242,653 | £242,000 | 70 HOWLEY GRANGE ROAD |
| 21 Jun 2022 | £289,085 | £285,000 | 72 HOWLEY GRANGE ROAD |
| 2 Dec 2021 | £362,125 | £338,000 | 37 HOWLEY GRANGE ROAD |
| 29 Oct 2021 | £251,171 | £227,000 | 58 HOWLEY GRANGE ROAD |
| 15 Dec 2020 | £361,530 | £315,000 | 55 GOODREST AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 23 Mar 2017. Using an estimated price of £197,608 means this house is valued at £2,324 per sq meter (£215 per sq foot).
The average size of a house on PARKFIELD CLOSE is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Goodrest Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clay Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howley Grange Road |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Howley Grange Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Howley Grange Road |