£140,451
This estimated value is based upon the latest sale price for the house of £63,500 on 24 Nov 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £63,500 | 24 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 2003 the House Price Index for WEST MIDLANDS was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £63,500 results in an estimated price of approximately £140,451.
| 24 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £63,500 | £76,951 | £140,451 |
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 | 73.469 % | £46,652 | £110,152 |
| 3 Month Average | 80.287 % | £50,982 | £114,482 |
| 6 Month Average | 95.544 % | £60,670 | £124,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £196,855 | £195,000 | 21 MYRTLE STREET |
| 5 Jul 2022 | £136,367 | £136,000 | 35 TAYLOR ROAD |
| 1 Nov 2021 | £129,782 | £120,000 | 2 WINDSOR ROAD |
| 9 Jul 2021 | £229,853 | £200,000 | 7 WESSEX ROAD |
| 25 Jun 2021 | £134,116 | £125,000 | 13 JEFFREY AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 6 Nov 2014. Using an estimated price of £140,451 means this house is valued at £1,578 per sq meter (£146 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 | Criminal damage and arson | Unable to prosecute suspect | On or near Windsor Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Windsor Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |