£385,102
This estimated value is based upon the latest sale price for the house of £318,000 on 5 Jun 2020. 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 Wagon Lane
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| Price Paid | Date |
|---|---|
| £318,000 | 5 Jun 2020 |
| £248,000 | 2 Apr 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £318,000 results in an estimated price of approximately £385,102.
| 5 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £318,000 | £67,102 | £385,102 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 2.222 % | £7,066 | £325,066 |
| 3 Month Average | 1.523 % | £4,843 | £322,843 |
| 6 Month Average | 12.616 % | £40,119 | £358,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £302,648 | £300,000 | 57 THURLSTON AVENUE |
| 1 Mar 2023 | £368,471 | £365,000 | 15 WELLS GREEN ROAD |
| 30 Nov 2022 | £251,948 | £255,000 | 14 BIRCHLEY RISE |
| 15 Aug 2022 | £373,495 | £374,500 | 21 WELLS GREEN ROAD |
| 20 Jul 2022 | £200,540 | £200,000 | 8 BIRCHLEY RISE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Sep 2013. Using an estimated price of £385,103 means this house is valued at £4,278 per sq meter (£397 per sq foot).
The average size of a house on WAGON LANE is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Wagon Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wagon Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wagon Lane |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birchley Rise |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birchley Rise |