£287,675
This estimated value is based upon the latest sale price for the house of £280,000 on 28 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £280,000 | 28 Jun 2023 |
| Semi-Detached |
| Freehold |
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 June 2023 the House Price Index for WEST MIDLANDS was 98.5.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 2.741%.Applying this 2.741% change to the original purchase price of £280,000 results in an estimated price of approximately £287,675.
| 28 Jun 2023 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.5 | 101.2 | 2.741 % | £280,000 | £7,675 | £287,675 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 49.031 % | £137,287 | £417,287 |
| 3 Month Average | 2.497 % | £6,991 | £286,991 |
| 6 Month Average | 9.612 % | £26,914 | £306,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £202,706 | £198,500 | 7 JORDAN PLACE |
| 31 May 2024 | £197,090 | £193,000 | 33 KING STREET |
| 28 Jun 2023 | £287,675 | £280,000 | 52B BANK STREET |
| 28 Jun 2023 | £287,675 | £280,000 | 52C BANK STREET |
| 28 Jun 2023 | £261,990 | £255,000 | 52 BANK STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Possession of weapons | Under investigation | On or near King Street |
| Jan 2025 | Possession of weapons | Unable to prosecute suspect | On or near King Street |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kirby Close |