£108,158
This estimated value is based upon the latest sale price for the house of £92,500 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£92,500 | 27 Aug 2021 |
£75,000 | 19 Oct 2011 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 August 2021 the House Price Index for WEST MIDLANDS was 89.2.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 16.928%.Applying this 16.928% change to the original purchase price of £92,500 results in an estimated price of approximately £108,158.
27 Aug 2021 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 104.3 | 16.928 % | £92,500 | £15,658 | £108,158 |
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 | -25.216 % | £-23,325 | £69,174 |
3 Month Average | 16.823 % | £15,561 | £108,061 |
6 Month Average | 22.033 % | £20,380 | £112,880 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Dec 2024 | £154,748 | £150,000 | 11 EDWARD ROAD |
28 Jun 2023 | £195,893 | £185,000 | 56 PARKHILL ROAD |
24 May 2023 | £161,114 | £152,000 | 68 PARKHILL ROAD |
30 Mar 2023 | £155,869 | £147,500 | 51 WESTFIELD ROAD |
10 Jan 2023 | £139,501 | £133,750 | 69 PARKHILL ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 10 May 2014. Using an estimated price of £108,159 means this house is valued at £1,404 per sq meter (£130 per sq foot).
The average size of a house on PARKES STREET is 80 sq meters (865 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Drugs | Under investigation | On or near Westfield Road |
Mar 2025 | Violence and sexual offences | Under investigation | On or near Westfield Road |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Road |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Road |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Road |