£125,393
This estimated value is based upon the latest sale price for the house of £105,000 on 9 Aug 2020. 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 | 9 Aug 2020 |
| £86,000 | 5 Apr 2006 |
| £80,000 | 26 Nov 2004 |
| £33,000 | 2 May 2003 |
| £20,000 | 29 Jan 1997 |
| Terraced |
| 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £105,000 results in an estimated price of approximately £125,393.
| 9 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £105,000 | £20,393 | £125,393 |
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 | 17.554 % | £18,431 | £123,431 |
| 3 Month Average | 19.649 % | £20,631 | £125,631 |
| 6 Month Average | 13.975 % | £14,673 | £119,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £1,156,250 | £1,150,000 | 38 WOLVERHAMPTON ROAD |
| 27 Jan 2023 | £88,721 | £89,500 | 53 WATERFRONT WAY |
| 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 16 May 2013. Using an estimated price of £125,394 means this house is valued at £1,441 per sq meter (£133 per sq foot).
The average size of a house on FORRESTER STREET is 87 sq meters (940 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 | Anti-social behaviour | On or near Forrester Street | |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Forrester Street |
| Feb 2024 | Anti-social behaviour | On or near Forrester Street |