£400,762
This estimated value is based upon the latest sale price for the house of £72,500 on 4 Oct 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £72,500 | 4 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 1996 the House Price Index for WEST MIDLANDS was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £72,500 results in an estimated price of approximately £400,762.
| 4 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 149.7 | 452.776 % | £72,500 | £328,262 | £400,762 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | 438.435 % | £317,865 | £390,365 |
| 3 Month Average | 305.169 % | £221,247 | £293,747 |
| 6 Month Average | 296.513 % | £214,972 | £287,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £314,837 | £310,000 | 11 GREENWOOD ROAD |
| 1 Mar 2024 | £213,277 | £210,000 | 30 HEYGATE WAY |
| 16 Nov 2022 | £388,185 | £390,000 | 2 HIGHCROFT |
| 14 Nov 2022 | £318,511 | £320,000 | 27 HIGHCROFT |
| 11 May 2022 | £318,292 | £310,000 | 7 GREENWOOD ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 22 Jan 2016. Using an estimated price of £400,763 means this house is valued at £4,714 per sq meter (£438 per sq foot).
The average size of a house on BANKSIDE WAY is 100 sq meters (1,078 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bankside Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bankside Way |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenway |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heygate Way |