£122,348
This estimated value is based upon the latest sale price for the house of £100,000 on 14 Feb 2020. 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 Drummond Street
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| Price Paid | Date |
|---|---|
| £100,000 | 14 Feb 2020 |
| £56,000 | 21 Mar 2003 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £100,000 results in an estimated price of approximately £122,348.
| 14 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £100,000 | £22,348 | £122,348 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 3.903 % | £3,903 | £103,903 |
| 3 Month Average | -5.322 % | £-5,321 | £94,678 |
| 6 Month Average | 6.120 % | £6,119 | £106,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £180,580 | £179,000 | 33 DUNKLEY STREET |
| 21 Jul 2023 | £613,254 | £605,000 | THE OLD RECTORY, 57 WATERLOO ROAD |
| 14 Jul 2023 | £142,924 | £141,000 | 6 SHERWOOD STREET |
| 30 Jun 2023 | £101,226 | £100,000 | 31 DUNKLEY STREET |
| 8 Apr 2022 | £196,692 | £191,000 | 11 DRUMMOND CLOSE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 31 Jul 2014. Using an estimated price of £122,349 means this house is valued at £986 per sq meter (£91 per sq foot).
The average size of a house on DRUMMOND STREET is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Drummond Street |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Drummond Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Drummond Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drummond Street |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Drummond Street |