£215,831
This estimated value is based upon the latest sale price for the house of £180,000 on 21 Aug 2020. 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 |
|---|---|
| £180,000 | 21 Aug 2020 |
| 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £180,000 results in an estimated price of approximately £215,831.
| 21 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £180,000 | £35,831 | £215,831 |
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 | -41.420 % | £-74,556 | £105,443 |
| 3 Month Average | 16.380 % | £29,484 | £209,484 |
| 6 Month Average | 16.775 % | £30,195 | £210,195 |
| 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 |
| 12 Apr 2023 | £261,819 | £259,000 | 45 ROLAND AVENUE |
| 22 Feb 2023 | £119,919 | £120,000 | 24 PARKGATE ROAD |
| 30 Sep 2022 | £181,038 | £182,500 | 42 PARKGATE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 5 Dec 2019. Using an estimated price of £215,832 means this house is valued at £2,425 per sq meter (£225 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 | Investigation complete; no suspect identified | On or near Parkgate Road |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Parkgate Road |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Parkgate Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Roland Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roland Avenue |