£134,974
This estimated value is based upon the latest sale price for the house of £108,500 on 25 Sep 2018. 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 Princes Way
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| Price Paid | Date |
|---|---|
| £108,500 | 25 Sep 2018 |
| £110,950 | 14 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 September 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £108,500 results in an estimated price of approximately £134,974.
| 25 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £108,500 | £26,474 | £134,974 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 42.461 % | £46,070 | £154,570 |
| 3 Month Average | 23.205 % | £25,177 | £133,677 |
| 6 Month Average | 28.907 % | £31,364 | £139,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £194,906 | £191,000 | 4 ABBERLEY ROAD |
| 12 Jun 2023 | £265,317 | £260,000 | 114 KINGSWAY |
| 12 Jan 2023 | £314,841 | £314,000 | 110 KINGSWAY |
| 16 Sep 2022 | £149,900 | £150,000 | 44 ABBERLEY ROAD |
| 21 Jun 2022 | £270,788 | £265,000 | 150 OLDACRE ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 13 Jul 2020. Using an estimated price of £134,975 means this house is valued at £2,811 per sq meter (£261 per sq foot).
The average size of a house on PRINCES WAY is 104 sq meters (1,123 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Princes Way |
| Jul 2024 | Anti-social behaviour | On or near Princes Way | |
| Jul 2024 | Anti-social behaviour | On or near Princes Way | |
| Jul 2024 | Criminal damage and arson | Local resolution | On or near Princes Way |
| Jul 2024 | Anti-social behaviour | On or near Princes Way |