£247,508
This estimated value is based upon the latest sale price for the house of £245,000 on 14 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£245,000 | 14 Jun 2022 |
£191,000 | 8 Jun 2018 |
£162,000 | 28 Aug 2015 |
£101,000 | 4 Apr 2003 |
£80,250 | 2 Jun 2000 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £245,000 results in an estimated price of approximately £247,508.
14 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.0 | 1.024 % | £245,000 | £2,508 | £247,508 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 23.077 % | £56,538 | £301,538 |
3 Month Average | -19.450 % | £-47,651 | £197,348 |
6 Month Average | -7.008 % | £-17,169 | £227,830 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £232,196 | £230,000 | 137 WRIGHTS LANE |
10 Jul 2023 | £158,499 | £157,000 | 122 WRIGHTS LANE |
21 Apr 2023 | £151,123 | £150,000 | 124 WRIGHTS LANE |
8 Feb 2023 | £184,129 | £185,000 | 11 BLOSSOM GROVE |
10 Aug 2022 | £177,302 | £178,500 | 119 WRIGHTS LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 26 May 2015. Using an estimated price of £247,509 means this house is valued at £3,055 per sq meter (£283 per sq foot).
The average size of a house on WESLEY CLOSE is 70 sq meters (757 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Wesley Close |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Cherry Orchard |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Orchard |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherry Orchard |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Clifton Street |