£7,782,237
This estimated value is based upon the latest sale price for the house of £7,199,999 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £7,199,999 | 30 Jun 2021 |
| 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 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £7,199,999 results in an estimated price of approximately £7,782,237.
| 30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £7,199,999 | £582,238 | £7,782,237 |
The Postcode Pricing Model uses changes in average sales price within the B19 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 | 24.875 % | £1,791,008 | £8,991,007 |
| 3 Month Average | -15.460 % | £-1,113,151 | £6,086,847 |
| 6 Month Average | -6.088 % | £-438,360 | £6,761,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £2,044,433 | £1,998,000 | UNIT 3 DERWENT WORKS, 32 - 34 CONSTITUTION HILL |
| 20 Mar 2023 | £185,091 | £182,000 | APARTMENT 221 DERWENT FOUNDRY, 5 MARY ANN STREET |
| 22 Feb 2023 | £196,311 | £195,000 | APARTMENT 211 DERWENT FOUNDRY, 5 MARY ANN STREET |
| 27 Jan 2022 | £302,157 | £285,000 | FLAT 9 KINGS COURT, 108 LIVERY STREET |
| 23 Dec 2021 | £275,224 | £255,000 | APARTMENT 232 DERWENT FOUNDRY, 5 MARY ANN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bond Street |
| Sep 2024 | Anti-social behaviour | On or near Bond Street | |
| Aug 2024 | Other crime | Awaiting court outcome | On or near Bond Street |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bond Street |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Bond Street |