£208,763
This estimated value is based upon the latest sale price for the house of £156,000 on 5 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £156,000 | 5 Sep 2016 |
| £124,000 | 30 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 September 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £156,000 results in an estimated price of approximately £208,763.
| 5 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £156,000 | £52,763 | £208,763 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 62.261 % | £97,127 | £253,127 |
| 3 Month Average | 34.905 % | £54,452 | £210,452 |
| 6 Month Average | 25.547 % | £39,852 | £195,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £268,243 | £260,000 | 33 PARK ROAD |
| 17 Nov 2023 | £128,256 | £125,000 | FLAT 2 ISIS COURT GARRARD GARDENS |
| 2 Oct 2023 | £173,951 | £170,000 | 20 LYNDON ROAD |
| 31 Jan 2023 | £175,469 | £175,000 | FLAT 5 ISIS COURT GARRARD GARDENS |
| 30 Jan 2023 | £325,871 | £325,000 | 59 PARK ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 12 Aug 2013. Using an estimated price of £208,763 means this house is valued at £3,599 per sq meter (£334 per sq foot).
The average size of a house on PARK ROAD is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Robbery | Under investigation | On or near Park Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Road |