£167,594
This estimated value is based upon the latest sale price for the house of £136,000 on 24 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £136,000 | 24 Oct 2018 |
| £90,000 | 22 Jan 2007 |
| £80,000 | 21 Jul 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £136,000 results in an estimated price of approximately £167,594.
| 24 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £136,000 | £31,594 | £167,594 |
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 | 6.843 % | £9,306 | £145,306 |
| 3 Month Average | 10.045 % | £13,661 | £149,661 |
| 6 Month Average | 20.100 % | £27,336 | £163,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £142,493 | £140,000 | 33 ST JOHNS ROAD |
| 6 Apr 2023 | £60,653 | £60,000 | 47 FLAXHALL STREET |
| 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 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Jul 2018. Using an estimated price of £167,594 means this house is valued at £1,904 per sq meter (£176 per sq foot).
The average size of a house on RESERVOIR STREET is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Jerome Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Durham Place |
| 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 |