£173,372
This estimated value is based upon the latest sale price for the house of £40,000 on 30 Jul 1999. 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 Durham Place
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| Price Paid | Date |
|---|---|
| £40,000 | 30 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 1999 the House Price Index for WEST MIDLANDS was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £40,000 results in an estimated price of approximately £173,372.
| 30 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 148.6 | 333.432 % | £40,000 | £133,372 | £173,372 |
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 | 256.150 % | £102,460 | £142,460 |
| 3 Month Average | 248.284 % | £99,313 | £139,313 |
| 6 Month Average | 277.959 % | £111,183 | £151,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £176,905 | £175,000 | 63 RESERVOIR STREET |
| 10 Feb 2023 | £107,373 | £107,445 | 44 DURHAM PLACE |
| 29 Jul 2022 | £125,337 | £125,000 | 43 RESERVOIR STREET |
| 21 Jan 2022 | £262,050 | £249,000 | 27 DURHAM ROAD |
| 9 Dec 2021 | £203,562 | £190,000 | 40 ALUMWELL ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 12 Jul 2013. Using an estimated price of £173,373 means this house is valued at £2,039 per sq meter (£189 per sq foot).
The average size of a house on DURHAM ROAD is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Durham Place |
| Mar 2024 | Vehicle crime | Under investigation | On or near Jerome Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Place |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Durham Place |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Durham Place |