£198,909
This estimated value is based upon the latest sale price for the house of £121,000 on 25 Sep 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £121,000 | 25 Sep 2013 |
| £90,000 | 16 Aug 2002 |
| £50,000 | 20 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 650 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 September 2013 the House Price Index for WEST MIDLANDS was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £121,000 results in an estimated price of approximately £198,909.
| 25 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £121,000 | £77,909 | £198,909 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 30.446 % | £36,840 | £157,840 |
| 3 Month Average | 33.230 % | £40,207 | £161,207 |
| 6 Month Average | 54.147 % | £65,517 | £186,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £230,919 | £227,500 | 2 BANK STREET |
| 2 Jun 2023 | £293,556 | £290,000 | 42 GRANGE ROAD |
| 6 Apr 2023 | £338,646 | £335,000 | 56 HIGH STREET |
| 31 Aug 2022 | £234,369 | £235,000 | 76 GRANGE ROAD |
| 8 Jul 2022 | £190,513 | £190,000 | 41 BANK STREET |
This house has a floor area of 60 sq meters or 650 sq feet when measured on 2 Jul 2010. Using an estimated price of £198,910 means this house is valued at £3,293 per sq meter (£305 per sq foot).
The average size of a house on BANK STREET is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Bank Street |
| Apr 2024 | Shoplifting | Under investigation | On or near Bank Street |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bank Street |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Bank Street |
| Apr 2024 | Shoplifting | Under investigation | On or near Bank Street |