£198,615
This estimated value is based upon the latest sale price for the house of £123,500 on 16 Feb 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,500 | 16 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2007 the House Price Index for WEST MIDLANDS was 91.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.823%.Applying this 60.823% change to the original purchase price of £123,500 results in an estimated price of approximately £198,615.
| 16 Feb 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 146.7 | 60.823 % | £123,500 | £75,115 | £198,615 |
The Postcode Pricing Model uses changes in average sales price within the DY5 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 | 28.190 % | £34,814 | £158,314 |
| 3 Month Average | 28.694 % | £35,437 | £158,937 |
| 6 Month Average | 28.163 % | £34,781 | £158,281 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 8 Jun 2020.
The average size of a house on ORCHARD STREET is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bankwell Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bankwell Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bankwell Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bankwell Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bankwell Street |