£284,111
This estimated value is based upon the latest sale price for the house of £230,000 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 22 Feb 2019 |
| £160,000 | 12 Dec 2014 |
| £103,000 | 21 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 February 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £230,000 results in an estimated price of approximately £284,111.
| 22 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £230,000 | £54,111 | £284,111 |
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 | 36.557 % | £84,081 | £314,081 |
| 3 Month Average | -0.123 % | £-284 | £229,715 |
| 6 Month Average | 10.989 % | £25,274 | £255,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £340,966 | £335,000 | 113 GALTON ROAD |
| 8 Jun 2023 | £268,249 | £265,000 | 68 UPPER ST MARYS ROAD |
| 8 Mar 2023 | £302,803 | £299,950 | 136 PARK ROAD |
| 1 Mar 2023 | £245,311 | £243,000 | 87 PARK ROAD |
| 6 Jan 2023 | £263,758 | £265,000 | 151 GALTON ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 25 Apr 2012. Using an estimated price of £284,112 means this house is valued at £3,022 per sq meter (£280 per sq foot).
The average size of a house on PARK ROAD is 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Galton Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Galton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Galton Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Galton Road |
| Dec 2023 | Anti-social behaviour | On or near Galton Road |