£394,333
This estimated value is based upon the latest sale price for the house of £320,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £320,000 | 6 Apr 2018 |
| £275,000 | 19 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 211 sq meters or 2,271 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 April 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £320,000 results in an estimated price of approximately £394,333.
| 6 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 146.7 | 23.229 % | £320,000 | £74,333 | £394,333 |
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 | 83.284 % | £266,508 | £586,508 |
| 3 Month Average | 44.915 % | £143,726 | £463,726 |
| 6 Month Average | 24.499 % | £78,397 | £398,397 |
This house has a floor area of 211 sq meters or 2,271 sq feet when measured on 21 Nov 2016.
The average size of a house on WORCESTER STREET is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Chapel Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Faulknor Close |
| Mar 2024 | Possession of weapons | Under investigation | On or near Hanbury Hill |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drury Lane |