£86,547
This estimated value is based upon the latest sale price for the house of £69,500 on 3 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £69,500 | 3 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £69,500 results in an estimated price of approximately £86,547.
| 3 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £69,500 | £17,047 | £86,547 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 36.825 % | £25,593 | £95,093 |
| 3 Month Average | 40.821 % | £28,370 | £97,870 |
| 6 Month Average | 33.162 % | £23,047 | £92,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2024 | £245,500 | £245,500 | 29 PHILLIPS AVENUE |
| 17 May 2024 | £222,000 | £222,000 | 1 THORNLEY ROAD |
| 17 May 2024 | £183,000 | £183,000 | 9 THORNLEY CLOSE |
| 1 Dec 2023 | £154,755 | £150,000 | 54 PHILLIPS AVENUE |
| 29 Nov 2023 | £200,079 | £195,000 | 20 THORNLEY ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 2 Apr 2014. Using an estimated price of £86,548 means this house is valued at £1,311 per sq meter (£121 per sq foot).
The average size of a house on PARKER ROAD is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Anslow Gardens |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clare Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clare Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clare Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thornley Close |