£121,922
This estimated value is based upon the latest sale price for the house of £115,000 on 31 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 |
|---|---|
| £115,000 | 31 Jan 2022 |
| £59,000 | 13 Aug 2007 |
| 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 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 £115,000 results in an estimated price of approximately £121,922.
| 31 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £115,000 | £6,922 | £121,922 |
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 | 46.795 % | £53,814 | £168,814 |
| 3 Month Average | 10.540 % | £12,120 | £127,120 |
| 6 Month Average | 7.807 % | £8,977 | £123,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £149,294 | £147,000 | 41 ESSEX STREET |
| 21 Dec 2023 | £182,095 | £176,500 | 6 ARBURY GROVE |
| 21 Aug 2023 | £142,571 | £140,000 | 113 ESSEX STREET |
| 27 Apr 2023 | £105,473 | £103,500 | 67 ESSEX STREET |
| 28 Feb 2023 | £161,076 | £160,000 | 27 BEDDOWS ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 Jan 2013. Using an estimated price of £121,923 means this house is valued at £1,401 per sq meter (£130 per sq foot).
The average size of a house on WEBSTER ROAD is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arbury Grove |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Arbury Grove |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Arbury Grove |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arbury Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arbury Grove |