£214,451
This estimated value is based upon the latest sale price for the house of £126,500 on 24 Sep 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £126,500 | 24 Sep 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,155 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 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £126,500 results in an estimated price of approximately £214,451.
| 24 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £126,500 | £87,951 | £214,451 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 23.081 % | £29,197 | £155,697 |
| 3 Month Average | 44.769 % | £56,632 | £183,132 |
| 6 Month Average | 44.924 % | £56,828 | £183,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £93,129 | £91,500 | 20 MARTIN STREET |
| 8 Nov 2023 | £99,473 | £98,000 | 13 MARTIN STREET |
| 20 May 2022 | £198,745 | £195,000 | 27 MARTIN STREET |
| 14 Apr 2022 | £102,980 | £100,000 | 19 MARTIN STREET |
| 8 Dec 2021 | £117,851 | £110,000 | 10 MARTIN STREET |
This house has a floor area of 107 sq meters or 1,155 sq feet when measured on 14 Apr 2010. Using an estimated price of £214,452 means this house is valued at £1,998 per sq meter (£185 per sq foot).
The average size of a house on PARKFIELD ROAD is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Martin Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martin Street |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Martin Street |
| Jan 2024 | Anti-social behaviour | On or near Martin Street | |
| Jan 2024 | Anti-social behaviour | On or near Martin Street |