£161,961
This estimated value is based upon the latest sale price for the house of £160,000 on 21 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 21 Jun 2023 |
| £111,000 | 9 Oct 2020 |
| £27,000 | 6 Oct 1998 |
| £40,100 | 26 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 June 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £160,000 results in an estimated price of approximately £161,961.
| 21 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £160,000 | £1,961 | £161,961 |
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 | -49.514 % | £-79,221 | £80,778 |
| 3 Month Average | -9.337 % | £-14,938 | £145,061 |
| 6 Month Average | 4.053 % | £6,484 | £166,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £86,514 | £85,000 | 1 WAREHAM CLOSE |
| 21 Jun 2023 | £161,962 | £160,000 | 49 NEW FOREST ROAD |
| 17 Mar 2023 | £149,912 | £148,500 | 114 HOLDEN CRESCENT |
| 25 Jan 2023 | £151,287 | £152,000 | 53 HOLDEN CRESCENT |
| 28 Nov 2022 | £167,965 | £170,000 | 59 NEW FOREST ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 28 Jul 2020. Using an estimated price of £161,962 means this house is valued at £2,841 per sq meter (£263 per sq foot).
The average size of a house on NEW FOREST ROAD is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wareham Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wareham Close |
| Feb 2024 | Anti-social behaviour | On or near Wareham Close | |
| Feb 2024 | Anti-social behaviour | On or near Wareham Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wareham Close |