£266,999
This estimated value is based upon the latest sale price for the house of £165,000 on 3 Apr 2007. 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 Kings Mill Close
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| Price Paid | Date |
|---|---|
| £165,000 | 3 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 April 2007 the House Price Index for WEST MIDLANDS was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £165,000 results in an estimated price of approximately £266,999.
| 3 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £165,000 | £101,999 | £266,999 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 54.353 % | £89,681 | £254,681 |
| 3 Month Average | 40.089 % | £66,147 | £231,147 |
| 6 Month Average | 42.661 % | £70,389 | £235,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £128,000 | £128,000 | 4 JOYNSON STREET |
| 12 Oct 2023 | £124,835 | £122,000 | 45 FRANCHISE STREET |
| 28 Jun 2023 | £192,355 | £188,500 | 5 KINGS HILL CLOSE |
| 25 Nov 2022 | £125,414 | £126,000 | 49 FRANCHISE STREET |
| 16 Nov 2022 | £258,790 | £260,000 | 57 OLD PARK ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 7 Jul 2021. Using an estimated price of £266,999 means this house is valued at £2,321 per sq meter (£215 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Kings Mill Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Park Road |
| Aug 2024 | Anti-social behaviour | On or near Old Park Road | |
| Aug 2024 | Anti-social behaviour | On or near Old Park Road | |
| Sep 2024 | Vehicle crime | Under investigation | On or near Joynson Street |