£129,191
This estimated value is based upon the latest sale price for the house of £105,000 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 1 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £105,000 results in an estimated price of approximately £129,191.
| 1 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £105,000 | £24,191 | £129,191 |
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 | 32.397 % | £34,017 | £139,017 |
| 3 Month Average | 28.866 % | £30,309 | £135,309 |
| 6 Month Average | 14.340 % | £15,056 | £120,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £1,156,250 | £1,150,000 | 38 WOLVERHAMPTON ROAD |
| 7 Feb 2023 | £104,506 | £105,000 | UNIT 9 PLECK ROAD |
| 11 Jul 2022 | £79,892 | £80,000 | 25 FORRESTER STREET |
| 2 Mar 2022 | £189,902 | £184,000 | 46 DRAYTON STREET |
| 19 Nov 2021 | £91,557 | £85,000 | 24 FORRESTER STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 30 Oct 2018. Using an estimated price of £129,192 means this house is valued at £1,484 per sq meter (£137 per sq foot).
The average size of a house on MOAT ROAD is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Unable to prosecute suspect | On or near Forrester Street |
| Feb 2024 | Anti-social behaviour | On or near Forrester Street | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Forrester Street |
| Feb 2024 | Anti-social behaviour | On or near Forrester Street | |
| Feb 2024 | Anti-social behaviour | On or near Forrester Street |