£174,421
This estimated value is based upon the latest sale price for the house of £140,000 on 18 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Forest Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £140,000 | 18 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 October 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.586%.Applying this 24.586% change to the original purchase price of £140,000 results in an estimated price of approximately £174,421.
| 18 Oct 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 146.7 | 24.586 % | £140,000 | £34,421 | £174,421 |
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 | 31.274 % | £43,783 | £183,783 |
| 3 Month Average | 15.625 % | £21,874 | £161,874 |
| 6 Month Average | 32.786 % | £45,900 | £185,900 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 3 Jun 2013.
The average size of a house on FOREST AVENUE is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Forest Avenue |
| Feb 2024 | Possession of weapons | Under investigation | On or near Forest Avenue |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Broadstone Avenue |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Broadstone Avenue |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Broadstone Avenue |