£138,378
This estimated value is based upon the latest sale price for the house of £112,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £112,000 | 15 Nov 2019 |
| £85,000 | 4 Jun 2007 |
| £29,000 | 6 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £112,000 results in an estimated price of approximately £138,378.
| 15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £112,000 | £26,378 | £138,378 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 194.618 % | £217,971 | £329,971 |
| 3 Month Average | 2.600 % | £2,912 | £114,912 |
| 6 Month Average | 23.160 % | £25,938 | £137,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £70,613 | £70,000 | 56 WHITTAKER STREET |
| 12 Apr 2024 | £136,183 | £135,000 | 18 MYATT AVENUE |
| 26 Mar 2024 | £117,302 | £115,500 | 37 WHITTAKER STREET |
| 19 Dec 2023 | £152,692 | £148,000 | 23 ROOKER AVENUE |
| 25 Aug 2023 | £113,039 | £111,000 | 21 WHITTAKER STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 27 Jan 2014. Using an estimated price of £138,379 means this house is valued at £2,385 per sq meter (£221 per sq foot).
The average size of a house on WHEATLEY STREET is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myatt Avenue |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Myatt Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myatt Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myatt Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myatt Avenue |