£293,987
This estimated value is based upon the latest sale price for the house of £202,450 on 26 Jun 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£202,450 | 26 Jun 2015 |
Detached |
Leasehold |
Floor Area: 81 sq meters or 871 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 June 2015 the House Price Index for WEST MIDLANDS was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £202,450 results in an estimated price of approximately £293,987.
26 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £202,450 | £91,537 | £293,987 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 45.352 % | £91,814 | £294,264 |
3 Month Average | 53.704 % | £108,723 | £311,173 |
6 Month Average | 54.157 % | £109,640 | £312,090 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £279,897 | £275,000 | 52 BERRYFIELD ROAD |
24 Aug 2023 | £227,490 | £225,500 | 158 PARKDALE ROAD |
22 Aug 2023 | £187,642 | £186,000 | 29 BERRYFIELD ROAD |
23 Jun 2023 | £244,967 | £242,000 | 39 SILVERMERE PARK WAY |
25 Jan 2023 | £233,898 | £235,000 | 89 PARKDALE ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Apr 2015. Using an estimated price of £293,988 means this house is valued at £3,629 per sq meter (£337 per sq foot).
The average size of a house on SILVERMERE PARK WAY is 88 sq meters (955 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hatchford Brook Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parkdale Road |
Mar 2024 | Anti-social behaviour | On or near Parkdale Road | |
Mar 2024 | Anti-social behaviour | On or near Parkdale Road | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkdale Road |