£142,228
This estimated value is based upon the latest sale price for the house of £40,000 on 22 Feb 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Kingsway
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| Price Paid | Date |
|---|---|
| £40,000 | 22 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 746 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 February 2001 the House Price Index for WEST MIDLANDS was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £40,000 results in an estimated price of approximately £142,228.
| 22 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £40,000 | £102,228 | £142,228 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 174.617 % | £69,846 | £109,846 |
| 3 Month Average | 273.960 % | £109,584 | £149,584 |
| 6 Month Average | 277.941 % | £111,176 | £151,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £102,605 | £100,000 | 23 PRINCESS COURT |
| 24 Oct 2023 | £203,625 | £199,000 | 28 NEWBOLDS ROAD |
| 28 Apr 2023 | £117,192 | £115,000 | 13 QUEENS COURT |
| 13 Jan 2023 | £225,603 | £225,000 | 34 CADMAN CRESCENT |
| 29 Sep 2022 | £89,940 | £90,000 | 27 QUEENS COURT |
This house has a floor area of 69 sq meters or 746 sq feet when measured on 26 Feb 2011. Using an estimated price of £142,228 means this house is valued at £2,051 per sq meter (£190 per sq foot).
The average size of a house on KINGSWAY ROAD is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Kingsway |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Kingsway |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Kingsway |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsway |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cadman Crescent |