£248,584
This estimated value is based upon the latest sale price for the house of £215,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 18 Dec 2020 |
| £72,000 | 21 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £215,000 results in an estimated price of approximately £248,584.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £215,000 | £33,584 | £248,584 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 2.432 % | £5,229 | £220,229 |
| 3 Month Average | 14.958 % | £32,160 | £247,160 |
| 6 Month Average | 15.897 % | £34,178 | £249,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £264,057 | £260,000 | 1 DORSETT ROAD TERRACE |
| 7 Dec 2023 | £247,609 | £240,000 | 22 KING EDWARD STREET |
| 30 Aug 2023 | £122,204 | £120,000 | 44 KING EDWARD STREET |
| 25 Aug 2023 | £119,149 | £117,000 | 45 KING EDWARD STREET |
| 30 Mar 2023 | £152,548 | £150,000 | 22 DORSETT ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 9 Dec 2019. Using an estimated price of £248,585 means this house is valued at £1,714 per sq meter (£159 per sq foot).
The average size of a house on KING EDWARD STREET is 86 sq meters (926 sq feet).
This house is the largest in the street with a floor area of 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near King Edward Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Street |
| Jul 2024 | Anti-social behaviour | On or near Wesleys Fold | |
| Jul 2024 | Anti-social behaviour | On or near Wesleys Fold | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesleys Fold |