£119,593
This estimated value is based upon the latest sale price for the house of £85,000 on 26 Oct 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,000 | 26 Oct 2015 |
| £62,000 | 6 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £85,000 results in an estimated price of approximately £119,593.
| 26 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £85,000 | £34,593 | £119,593 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 75.528 % | £64,198 | £149,198 |
| 3 Month Average | 70.096 % | £59,581 | £144,581 |
| 6 Month Average | 48.099 % | £40,884 | £125,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £176,905 | £175,000 | 63 RESERVOIR STREET |
| 29 Jul 2022 | £125,337 | £125,000 | 43 RESERVOIR STREET |
| 22 Jul 2022 | £165,445 | £165,000 | 88 RESERVOIR STREET |
| 14 Feb 2022 | £157,304 | £150,000 | 53 SCARBOROUGH ROAD |
| 21 Jan 2022 | £262,050 | £249,000 | 27 DURHAM ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 1 Dec 2016. Using an estimated price of £119,594 means this house is valued at £1,195 per sq meter (£111 per sq foot).
The average size of a house on RESERVOIR STREET is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woodwards Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Woodwards Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Woodwards Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Woodwards Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Reservoir Close |