£166,014
This estimated value is based upon the latest sale price for the house of £126,000 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £126,000 | 18 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £126,000 results in an estimated price of approximately £166,014.
| 18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £126,000 | £40,014 | £166,014 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 23.574 % | £29,702 | £155,702 |
| 3 Month Average | 19.846 % | £25,006 | £151,006 |
| 6 Month Average | 36.812 % | £46,383 | £172,383 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £477,063 | £470,000 | 22 MANOR ROAD |
| 6 Nov 2023 | £186,258 | £183,500 | 8 SWAN BANK |
| 3 Nov 2023 | £279,133 | £275,000 | 70 SWAN BANK |
| 1 Sep 2023 | £227,914 | £225,000 | 6 ST CATHERINES CRESCENT |
| 25 Aug 2023 | £186,633 | £185,000 | 61B SWAN BANK |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Jul 2016. Using an estimated price of £166,015 means this house is valued at £1,930 per sq meter (£179 per sq foot).
The average size of a house on SWAN BANK is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Swan Bank |
| Mar 2024 | Anti-social behaviour | On or near Manor Road | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near St Catherine'S Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rebecca Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Grove |