£263,989
This estimated value is based upon the latest sale price for the house of £249,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £249,000 | 21 Jan 2022 |
| £175,000 | 21 Aug 2020 |
| £47,500 | 12 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 January 2022 the House Price Index for WEST MIDLANDS was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £249,000 results in an estimated price of approximately £263,989.
| 21 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £249,000 | £14,989 | £263,989 |
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 | -17.531 % | £-43,651 | £205,348 |
| 3 Month Average | -1.089 % | £-2,710 | £246,289 |
| 6 Month Average | 13.245 % | £32,978 | £281,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £178,336 | £175,000 | 63 RESERVOIR STREET |
| 10 Feb 2023 | £108,168 | £107,445 | 44 DURHAM PLACE |
| 29 Jul 2022 | £126,265 | £125,000 | 43 RESERVOIR STREET |
| 22 Jul 2022 | £166,670 | £165,000 | 88 RESERVOIR STREET |
| 4 Apr 2022 | £202,297 | £195,000 | 64 JEROME ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 25 Jun 2018. Using an estimated price of £263,989 means this house is valued at £2,933 per sq meter (£272 per sq foot).
The average size of a house on DURHAM ROAD is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Durham Road |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Durham Road |
| Jun 2024 | Anti-social behaviour | On or near Durham Road | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Durham Road |