£185,089
This estimated value is based upon the latest sale price for the house of £54,000 on 1 May 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Parkgate Road
More crime details
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| Price Paid | Date |
|---|---|
| £54,000 | 1 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 May 2001 the House Price Index for WEST MIDLANDS was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £54,000 results in an estimated price of approximately £185,089.
| 1 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £54,000 | £131,089 | £185,089 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 205.651 % | £111,051 | £165,051 |
| 3 Month Average | 241.396 % | £130,354 | £184,354 |
| 6 Month Average | 252.882 % | £136,556 | £190,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £167,137 | £165,000 | 34 ROLAND AVENUE |
| 8 Sep 2023 | £197,526 | £195,000 | 27 PARKGATE ROAD |
| 28 Jul 2023 | £248,342 | £245,000 | 6 PARKLAND CLOSE |
| 12 Apr 2023 | £261,819 | £259,000 | 45 ROLAND AVENUE |
| 22 Feb 2023 | £119,919 | £120,000 | 24 PARKGATE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 28 Jan 2014. Using an estimated price of £185,089 means this house is valued at £2,570 per sq meter (£238 per sq foot).
The average size of a house on PARKGATE ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Awaiting court outcome | On or near Parkgate Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Parkgate Road |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Parkgate Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roland Avenue |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Roland Avenue |