£207,420
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 3 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £120,000 results in an estimated price of approximately £207,420.
| 3 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £120,000 | £87,420 | £207,420 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | -13.417 % | £-16,100 | £103,899 |
| 3 Month Average | 58.201 % | £69,841 | £189,841 |
| 6 Month Average | 49.736 % | £59,683 | £179,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £141,813 | £140,000 | 44A KINGSWAY |
| 8 Sep 2023 | £435,569 | £430,000 | 59 RICHMOND GROVE |
| 28 Jul 2023 | £304,093 | £300,000 | 6 GERALD ROAD |
| 31 Jan 2023 | £238,875 | £240,000 | 29 WENTWORTH ROAD |
| 24 Jun 2022 | £329,659 | £325,000 | 5 RICHMOND GROVE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 3 Oct 2013. Using an estimated price of £207,420 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on KINGSWAY is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Wentworth Road |
| Feb 2024 | Drugs | Under investigation | On or near Wentworth Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wentworth Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Road |
| Feb 2024 | Anti-social behaviour | On or near Durham Road |