£139,763
This estimated value is based upon the latest sale price for the house of £135,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 4 Feb 2022 |
| £100,000 | 13 Jul 2007 |
| £70,000 | 31 Oct 2003 |
| £42,500 | 10 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.529%.Applying this 3.529% change to the original purchase price of £135,000 results in an estimated price of approximately £139,763.
| 4 Feb 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 146.7 | 3.529 % | £135,000 | £4,763 | £139,763 |
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 | -6.409 % | £-8,652 | £126,347 |
| 3 Month Average | -16.750 % | £-22,613 | £112,386 |
| 6 Month Average | -4.486 % | £-6,055 | £128,944 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 28 Feb 2013.
The average size of a house on PARKES STREET is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkes Street |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Further/Higher Educational Building |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Further/Higher Educational Building |
| Mar 2024 | Possession of weapons | Under investigation | On or near Westfield Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Road |