£747,367
This estimated value is based upon the latest sale price for the house of £540,000 on 22 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £540,000 | 22 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 210 sq meters or 2,260 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 December 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £540,000 results in an estimated price of approximately £747,367.
| 22 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £540,000 | £207,367 | £747,367 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | 29.717 % | £160,473 | £700,473 |
| 3 Month Average | 6.156 % | £33,242 | £573,242 |
| 6 Month Average | 20.931 % | £113,026 | £653,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £554,854 | £550,000 | 22 MACKENZIE ROAD |
| 31 Mar 2023 | £108,522 | £107,500 | FLAT 5 BLOCK C WAKEFIELD COURT, 90 WAKE GREEN ROAD |
| 17 Jan 2023 | £81,616 | £82,000 | FLAT 18 PICKWICK CLOSE, 92 WAKE GREEN ROAD |
| 20 Jun 2022 | £641,059 | £632,000 | 40 MACKENZIE ROAD |
| 22 Apr 2022 | £127,695 | £124,000 | FLAT 6 PICKWICK CLOSE, 92 WAKE GREEN ROAD |
This house has a floor area of 210 sq meters or 2,260 sq feet when measured on 8 May 2015. Using an estimated price of £747,367 means this house is valued at £3,558 per sq meter (£330 per sq foot).
The average size of a house on WAKE GREEN ROAD is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Mackenzie Road | |
| Feb 2024 | Anti-social behaviour | On or near Mackenzie Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hayfield Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Hayfield Gardens |
| Dec 2023 | Possession of weapons | Investigation complete; no suspect identified | On or near Hayfield Gardens |