£639,649
This estimated value is based upon the latest sale price for the house of £370,000 on 19 Oct 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£370,000 | 19 Oct 2011 |
£80,000 | 18 Apr 1997 |
Detached |
Freehold |
Floor Area: 195 sq meters or 2,106 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 October 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £370,000 results in an estimated price of approximately £639,649.
19 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.878 % | £370,000 | £269,649 | £639,649 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | -10.760 % | £-39,810 | £330,189 |
3 Month Average | 59.758 % | £221,102 | £591,102 |
6 Month Average | 51.026 % | £188,796 | £558,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £237,400 | £237,400 | 28A COBDEN STREET |
31 Mar 2023 | £262,473 | £260,000 | 3 COBDEN STREET |
7 Mar 2023 | £555,231 | £550,000 | 54 DUNCOMBE STREET |
18 Mar 2022 | £336,785 | £325,000 | 49B COBDEN STREET |
21 Feb 2022 | £277,904 | £265,000 | RIBSTONE COBDEN STREET |
This house has a floor area of 195 sq meters or 2,106 sq feet when measured on 4 Aug 2011. Using an estimated price of £639,650 means this house is valued at £3,267 per sq meter (£303 per sq foot).
The average size of a house on BRIGHT STREET is 129 sq meters (1,393 sq feet).
This house is the largest in the street with a floor area of 195 sq meters (2,106 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cobden Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cobden Street |
Feb 2024 | Burglary | Unable to prosecute suspect | On or near The Dell |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
Mar 2024 | Burglary | Under investigation | On or near King Street |