£306,354
This estimated value is based upon the latest sale price for the house of £98,000 on 19 Dec 2001. 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 Wichnor Road
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| Price Paid | Date |
|---|---|
| £98,000 | 19 Dec 2001 |
| £90,000 | 5 May 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2001 the House Price Index for WEST MIDLANDS was 46.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 212.606%.Applying this 212.606% change to the original purchase price of £98,000 results in an estimated price of approximately £306,354.
| 19 Dec 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 146.7 | 212.606 % | £98,000 | £208,354 | £306,354 |
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 | 226.007 % | £221,486 | £319,486 |
| 3 Month Average | 160.914 % | £157,695 | £255,695 |
| 6 Month Average | 160.513 % | £157,303 | £255,303 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 19 Feb 2015.
The average size of a house on WICHNOR ROAD is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wichnor Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Wichnor Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hanson Grove |
| Dec 2023 | Robbery | Under investigation | On or near Marcot Road |
| Mar 2024 | Drugs | Under investigation | On or near Marcot Road |