£221,805
This estimated value is based upon the latest sale price for the house of £130,000 on 22 Dec 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Parkwood Close
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| Price Paid | Date |
|---|---|
| £130,000 | 22 Dec 2009 |
| Semi-Detached |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2009 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £130,000 results in an estimated price of approximately £221,805.
| 22 Dec 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.620 % | £130,000 | £91,805 | £221,805 |
The Postcode Pricing Model uses changes in average sales price within the WS8 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 | 64.430 % | £83,759 | £213,759 |
| 3 Month Average | 53.272 % | £69,253 | £199,253 |
| 6 Month Average | 60.392 % | £78,510 | £208,510 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Feb 2015.
The average size of a house on PARKWOOD CLOSE is 109 sq meters (1,176 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Parkwood Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkwood Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parkwood Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Lawns Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peake Road |