£93,953
This estimated value is based upon the latest sale price for the house of £90,000 on 16 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 16 Mar 2022 |
| £60,000 | 22 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| 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 March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £90,000 results in an estimated price of approximately £93,953.
| 16 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £90,000 | £3,953 | £93,953 |
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 | 67.393 % | £60,653 | £150,653 |
| 3 Month Average | 2.126 % | £1,913 | £91,913 |
| 6 Month Average | 0.930 % | £836 | £90,836 |
| 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 |
| 6 Oct 2023 | £365,266 | £356,970 | 35 LYNDON ROAD |
| 2 Oct 2023 | £173,951 | £170,000 | 20 LYNDON ROAD |
| 26 Jun 2023 | £93,881 | £92,000 | FLAT 18 AVON COURT GARRARD GARDENS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 21 May 2016. Using an estimated price of £93,954 means this house is valued at £1,491 per sq meter (£138 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 |