£188,143
This estimated value is based upon the latest sale price for the house of £33,500 on 12 Jul 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £33,500 | 12 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 July 1996 the House Price Index for WEST MIDLANDS was 26.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 461.621%.Applying this 461.621% change to the original purchase price of £33,500 results in an estimated price of approximately £188,143.
| 12 Jul 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 149.7 | 461.621 % | £33,500 | £154,643 | £188,143 |
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 | 243.383 % | £81,533 | £115,033 |
| 3 Month Average | 353.332 % | £118,366 | £151,866 |
| 6 Month Average | 401.232 % | £134,412 | £167,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £182,809 | £180,000 | 117 ALUMWELL ROAD |
| 2 Jun 2023 | £137,761 | £135,000 | 97 ALUMWELL ROAD |
| 6 Apr 2023 | £178,336 | £175,000 | 63 RESERVOIR STREET |
| 6 Apr 2023 | £61,144 | £60,000 | 47 FLAXHALL STREET |
| 10 Feb 2023 | £108,168 | £107,445 | 44 DURHAM PLACE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 26 Jun 2013. Using an estimated price of £188,143 means this house is valued at £2,726 per sq meter (£253 per sq foot).
The average size of a house on RESERVOIR STREET is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alumwell Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alumwell Close |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Alumwell Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alumwell Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Alumwell Close |