£159,644
This estimated value is based upon the latest sale price for the house of £130,000 on 12 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 12 Jun 2018 |
| £96,000 | 7 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £130,000 results in an estimated price of approximately £159,644.
| 12 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £130,000 | £29,644 | £159,644 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 37.493 % | £48,740 | £178,740 |
| 3 Month Average | 11.289 % | £14,675 | £144,675 |
| 6 Month Average | 33.322 % | £43,318 | £173,318 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 18 Mar 2014.
The average size of a house on PARKER ROAD is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Parker Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parker Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Thornley Close |
| Dec 2023 | Anti-social behaviour | On or near Thornley Close | |
| Dec 2023 | Anti-social behaviour | On or near Thornley Close |