£1,290,724
This estimated value is based upon the latest sale price for the house of £760,000 on 25 Mar 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £760,000 | 25 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 290 sq meters or 3,121 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 March 2011 the House Price Index for WEST MIDLANDS was 86.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.832%.Applying this 69.832% change to the original purchase price of £760,000 results in an estimated price of approximately £1,290,724.
| 25 Mar 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 146.7 | 69.832 % | £760,000 | £530,724 | £1,290,724 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 35.440 % | £269,343 | £1,029,343 |
| 3 Month Average | 49.989 % | £379,918 | £1,139,918 |
| 6 Month Average | 46.782 % | £355,539 | £1,115,539 |
This house has a floor area of 290 sq meters or 3,121 sq feet when measured on 23 May 2014.
The average size of a house on PARKFIELDS is 265 sq meters (2,862 sq feet).
This house is the largest in the street with a floor area of 290 sq meters (3,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Blackberry Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mellor Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near White Farm Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near White Farm Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Walsall Road |