£284,096
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Parkfield Road
More crime details
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| Price Paid | Date |
|---|---|
| £240,000 | 14 Aug 2020 |
| £125,000 | 25 Feb 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £240,000 results in an estimated price of approximately £284,096.
| 14 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 146.7 | 18.373 % | £240,000 | £44,096 | £284,096 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 15.536 % | £37,285 | £277,285 |
| 3 Month Average | -1.708 % | £-4,098 | £235,901 |
| 6 Month Average | 22.163 % | £53,191 | £293,191 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 19 May 2020.
The average size of a house on PARKFIELD ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parkfield Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Parkfield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Farm Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Farm Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Farm Road |