£210,876
This estimated value is based upon the latest sale price for the house of £38,000 on 5 Aug 1996. 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 Wisteria Drive
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| Price Paid | Date |
|---|---|
| £38,000 | 5 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 August 1996 the House Price Index for WEST MIDLANDS was 26.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 454.939%.Applying this 454.939% change to the original purchase price of £38,000 results in an estimated price of approximately £210,876.
| 5 Aug 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 148.6 | 454.939 % | £38,000 | £172,876 | £210,876 |
The Postcode Pricing Model uses changes in average sales price within the WS8 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 | 456.814 % | £173,589 | £211,589 |
| 3 Month Average | 331.137 % | £125,831 | £163,831 |
| 6 Month Average | 297.408 % | £113,014 | £151,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £185,370 | £183,000 | 130 HEDNESFORD ROAD |
| 30 Mar 2023 | £315,977 | £313,000 | THE WATERSIDE PUBLIC HOUSE, 42 WILKIN ROAD |
| 27 Feb 2023 | £239,839 | £240,000 | 106 HEDNESFORD ROAD |
| 28 Feb 2022 | £256,930 | £245,000 | PEAR TREE COTTAGE PEAR TREE LANE |
| 5 Nov 2021 | £535,349 | £495,000 | 24 WILKIN ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 27 May 2014. Using an estimated price of £210,877 means this house is valued at £1,802 per sq meter (£167 per sq foot).
The average size of a house on HEDNESFORD ROAD is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Wisteria Drive |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Hednesford Road |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Pear Tree Lane |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Pear Tree Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tamar Close |