£358,271
This estimated value is based upon the latest sale price for the house of £190,000 on 3 Dec 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 3 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,093 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 December 2004 the House Price Index for WEST MIDLANDS was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £190,000 results in an estimated price of approximately £358,271.
| 3 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £190,000 | £168,271 | £358,271 |
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 | 60.801 % | £115,521 | £305,521 |
| 3 Month Average | 41.810 % | £79,439 | £269,439 |
| 6 Month Average | 59.421 % | £112,900 | £302,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £173,027 | £170,000 | 23 PARK ROAD |
| 22 Mar 2023 | £267,520 | £265,000 | 80 GALTON ROAD |
| 22 Apr 2022 | £216,258 | £210,000 | 3 PARK ROAD |
| 28 Feb 2022 | £267,417 | £255,000 | 58 PARK ROAD |
| 21 Jan 2022 | £256,788 | £244,000 | 73 GALTON ROAD |
This house has a floor area of 101 sq meters or 1,093 sq feet when measured on 31 Mar 2009. Using an estimated price of £358,271 means this house is valued at £3,526 per sq meter (£327 per sq foot).
The average size of a house on PARK ROAD is 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Long Hyde Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Long Hyde Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Long Hyde Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Long Hyde Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Hyde Road |