£150,074
This estimated value is based upon the latest sale price for the house of £96,000 on 21 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £96,000 | 21 Feb 2014 |
| £87,500 | 4 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 February 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.328%.Applying this 56.328% change to the original purchase price of £96,000 results in an estimated price of approximately £150,074.
| 21 Feb 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 146.7 | 56.328 % | £96,000 | £54,074 | £150,074 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | -58.425 % | £-56,087 | £39,912 |
| 3 Month Average | 40.383 % | £38,768 | £134,768 |
| 6 Month Average | 36.761 % | £35,290 | £131,290 |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 20 Nov 2018.
The average size of a house on FOREST DRIVE is 51 sq meters (553 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Forest Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Forest Drive |
| Feb 2024 | Drugs | Local resolution | On or near Forest Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rose Road |