£149,355
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 28 Jun 2019 |
| £55,000 | 2 Nov 2018 |
| £60,000 | 4 Oct 2018 |
| £65,000 | 4 Aug 2016 |
| £55,000 | 28 Apr 2016 |
| £40,000 | 22 Apr 2014 |
| £35,500 | 13 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £120,000 results in an estimated price of approximately £149,355.
| 28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £120,000 | £29,355 | £149,355 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -4.771 % | £-5,724 | £114,275 |
| 3 Month Average | 40.129 % | £48,155 | £168,155 |
| 6 Month Average | 26.767 % | £32,120 | £152,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £198,312 | £195,000 | 21 MYRTLE STREET |
| 5 Jul 2022 | £137,377 | £136,000 | 35 TAYLOR ROAD |
| 1 Nov 2021 | £130,742 | £120,000 | 2 WINDSOR ROAD |
| 9 Jul 2021 | £231,555 | £200,000 | 7 WESSEX ROAD |
| 25 Jun 2021 | £135,108 | £125,000 | 13 JEFFREY AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Jan 2016. Using an estimated price of £149,356 means this house is valued at £1,736 per sq meter (£161 per sq foot).
The average size of a house on PARKFIELD ROAD is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Under investigation | On or near Windsor Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Windsor Road |