£481,774
This estimated value is based upon the latest sale price for the house of £400,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £400,000 | 6 Mar 2020 |
| Freehold |
| Floor Area: 283 sq meters or 3,046 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 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £400,000 results in an estimated price of approximately £481,774.
| 6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £400,000 | £81,774 | £481,774 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 5.304 % | £21,215 | £421,215 |
| 3 Month Average | 22.478 % | £89,912 | £489,912 |
| 6 Month Average | 44.206 % | £176,822 | £576,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £207,655 | £205,000 | 64 GRANGE ROAD |
| 26 Jul 2023 | £296,997 | £293,000 | 10 PARKWAY ROAD |
| 21 Apr 2023 | £139,502 | £138,000 | 54 OCCUPATION STREET |
| 23 Mar 2023 | £156,474 | £155,000 | 25 OCCUPATION STREET |
| 2 Mar 2023 | £380,586 | £377,000 | 70 GRANGE ROAD |
This house has a floor area of 283 sq meters or 3,046 sq feet when measured on 12 Jun 2019. Using an estimated price of £481,775 means this house is valued at £1,702 per sq meter (£158 per sq foot).
The average size of a house on PARKWAY ROAD is 135 sq meters (1,462 sq feet).
This house is the largest in the street with a floor area of 283 sq meters (3,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Parkway Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Grange Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |