£256,406
This estimated value is based upon the latest sale price for the house of £72,000 on 11 Jan 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £72,000 | 11 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 879 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 2001 the House Price Index for WEST MIDLANDS was 41.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 256.120%.Applying this 256.120% change to the original purchase price of £72,000 results in an estimated price of approximately £256,406.
| 11 Jan 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 148.6 | 256.120 % | £72,000 | £184,406 | £256,406 |
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 | 175.926 % | £126,666 | £198,666 |
| 3 Month Average | 165.735 % | £119,329 | £191,329 |
| 6 Month Average | 212.088 % | £152,703 | £224,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £230,919 | £227,500 | 2 BANK STREET |
| 28 Jul 2023 | £187,524 | £185,000 | APARTMENT 3 20 KINGS GATE |
| 2 Jun 2023 | £293,556 | £290,000 | 42 GRANGE ROAD |
| 2 Jun 2023 | £178,664 | £176,500 | APARTMENT 1 20 KINGS GATE |
| 27 Jan 2023 | £353,336 | £355,000 | 19 KINGS GATE |
This house has a floor area of 81 sq meters or 879 sq feet when measured on 7 Sep 2009. Using an estimated price of £256,406 means this house is valued at £3,138 per sq meter (£291 per sq foot).
The average size of a house on BANK STREET is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bank Street |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Bank Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bank Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Bank Street |
| Mar 2024 | Anti-social behaviour | On or near Bank Street |