£214,615
This estimated value is based upon the latest sale price for the house of £50,000 on 6 Aug 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 6 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 1999 the House Price Index for WEST MIDLANDS was 34.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 329.231%.Applying this 329.231% change to the original purchase price of £50,000 results in an estimated price of approximately £214,615.
| 6 Aug 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 148.6 | 329.231 % | £50,000 | £164,615 | £214,615 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 243.594 % | £121,797 | £171,797 |
| 3 Month Average | 158.018 % | £79,008 | £129,008 |
| 6 Month Average | 204.333 % | £102,166 | £152,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £302,648 | £300,000 | 2 BANKFIELD ROAD |
| 31 Jul 2023 | £149,512 | £147,500 | 70 TOLL END ROAD |
| 31 Mar 2023 | £128,208 | £127,000 | 58 TOLL END ROAD |
| 7 Apr 2022 | £154,470 | £150,000 | 161 TOLL END ROAD |
| 25 Feb 2022 | £241,200 | £230,000 | 22 BANKFIELD ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 4 Sep 2012. Using an estimated price of £214,616 means this house is valued at £2,649 per sq meter (£246 per sq foot).
The average size of a house on BANKFIELD ROAD is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Bankfield Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bankfield Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Gilson Street |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gilson Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilson Street |