£328,540
This estimated value is based upon the latest sale price for the house of £242,500 on 11 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £242,500 | 11 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 35.481%.Applying this 35.481% change to the original purchase price of £242,500 results in an estimated price of approximately £328,540.
| 11 Jan 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 146.7 | 35.481 % | £242,500 | £86,040 | £328,540 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -28.928 % | £-70,149 | £172,350 |
| 3 Month Average | 24.534 % | £59,495 | £301,995 |
| 6 Month Average | 35.421 % | £85,896 | £328,396 |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 2 Jun 2015.
The average size of a house on THE PARADE is 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Parade |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynwood Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lynwood Avenue |
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Summerfield Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brenwood Close |