£394,400
This estimated value is based upon the latest sale price for the house of £315,000 on 20 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £315,000 | 20 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 218 sq meters or 2,346 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 December 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.206%.Applying this 25.206% change to the original purchase price of £315,000 results in an estimated price of approximately £394,400.
| 20 Dec 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.0 | 25.206 % | £315,000 | £79,400 | £394,400 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 51.352 % | £161,757 | £476,757 |
| 3 Month Average | 37.479 % | £118,057 | £433,057 |
| 6 Month Average | 26.175 % | £82,450 | £397,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2022 | £383,777 | £390,000 | 157 HOLLY LANE |
| 31 Oct 2022 | £456,218 | £463,000 | 156 HOLLY LANE |
| 8 Nov 2021 | £226,201 | £210,000 | 107 ST PAULS ROAD |
| 18 Dec 2020 | £406,936 | £356,000 | 7 FORSTER STREET |
| 9 Oct 2020 | £311,949 | £267,000 | 4 DEVONSHIRE ROAD |
This house has a floor area of 218 sq meters or 2,346 sq feet when measured on 26 Oct 2017. Using an estimated price of £394,400 means this house is valued at £1,809 per sq meter (£168 per sq foot).
The average size of a house on FORSTER STREET is 186 sq meters (2,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Forster Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forster Street |
| Apr 2024 | Possession of weapons | Under investigation | On or near St Paul'S Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near St Paul'S Road |