£139,700
This estimated value is based upon the latest sale price for the house of £110,000 on 16 Nov 2017. 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 Parkes Street
More crime details
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| Price Paid | Date |
|---|---|
| £110,000 | 16 Nov 2017 |
| £109,950 | 8 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £110,000 results in an estimated price of approximately £139,700.
| 16 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £110,000 | £29,700 | £139,700 |
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 | -30.405 % | £-33,445 | £76,554 |
| 3 Month Average | 39.140 % | £43,054 | £153,054 |
| 6 Month Average | 26.765 % | £29,441 | £139,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jan 2023 | £134,108 | £133,750 | 69 PARKHILL ROAD |
| 20 May 2022 | £141,178 | £137,500 | 41 EDWARD ROAD |
| 29 Apr 2022 | £188,811 | £182,000 | 36 PARKES STREET |
| 31 Mar 2022 | £161,810 | £155,000 | 43 EDWARD ROAD |
| 31 Mar 2022 | £163,897 | £157,000 | 28 EDWARD ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 2 Aug 2017. Using an estimated price of £139,700 means this house is valued at £1,940 per sq meter (£180 per sq foot).
The average size of a house on PARKES STREET is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkes Street |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkes Street |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Parkes Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkes Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Road |