£207,874
This estimated value is based upon the latest sale price for the house of £210,000 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £210,000 | 29 Jul 2022 |
| £136,000 | 21 Jun 2019 |
| £110,000 | 15 Nov 2013 |
| £86,000 | 15 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 814 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 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £210,000 results in an estimated price of approximately £207,874.
| 29 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £210,000 | £-2,125 | £207,874 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 9.857 % | £20,699 | £230,699 |
| 3 Month Average | -8.873 % | £-18,633 | £191,366 |
| 6 Month Average | 7.064 % | £14,834 | £224,834 |
This house has a floor area of 75 sq meters or 814 sq feet when measured on 30 Jan 2012.
The average size of a house on FORGE ROAD is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Forge Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Oak Road |