£168,043
This estimated value is based upon the latest sale price for the house of £114,000 on 6 Mar 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £114,000 | 6 Mar 2015 |
| £48,000 | 5 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 March 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £114,000 results in an estimated price of approximately £168,043.
| 6 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £114,000 | £54,043 | £168,043 |
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 | 29.200 % | £33,287 | £147,287 |
| 3 Month Average | 49.262 % | £56,158 | £170,158 |
| 6 Month Average | 49.142 % | £56,021 | £170,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 7 Feb 2023 | £344,768 | £345,000 | 25 SWAN BANK |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 12 Sep 2014. Using an estimated price of £168,044 means this house is valued at £2,333 per sq meter (£216 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 | 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 Butts Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wakeley Hill |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakeley Hill |