£97,854
This estimated value is based upon the latest sale price for the house of £80,000 on 29 May 2020. 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 King Street
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| Price Paid | Date |
|---|---|
| £80,000 | 29 May 2020 |
| £85,000 | 4 Jan 2007 |
| £91,800 | 17 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 May 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £80,000 results in an estimated price of approximately £97,854.
| 29 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £80,000 | £17,854 | £97,854 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 13.105 % | £10,484 | £90,484 |
| 3 Month Average | 35.346 % | £28,277 | £108,277 |
| 6 Month Average | 31.616 % | £25,292 | £105,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £119,528 | £118,000 | 45 ELBOW STREET |
| 28 Feb 2023 | £94,936 | £95,000 | 22 ELBOW STREET |
| 4 Jan 2023 | £91,071 | £91,500 | 57 ELBOW STREET |
| 1 Jul 2022 | £252,680 | £252,000 | 6 SLATER CLOSE |
| 22 Jun 2022 | £184,609 | £182,000 | 2 ELBOW STREET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 29 Jan 2020. Using an estimated price of £97,854 means this house is valued at £2,275 per sq meter (£211 per sq foot).
The average size of a house on KING STREET is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near King Street |
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near King Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near King Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Elbow Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Elbow Street |