£259,067
This estimated value is based upon the latest sale price for the house of £74,995 on 2 Mar 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 Wisteria Drive
More crime details
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| Price Paid | Date |
|---|---|
| £74,995 | 2 Mar 2001 |
| £60,000 | 12 Nov 1999 |
| £45,000 | 16 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 March 2001 the House Price Index for WEST MIDLANDS was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £74,995 results in an estimated price of approximately £259,067.
| 2 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £74,995 | £184,072 | £259,067 |
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 | 252.480 % | £189,347 | £264,342 |
| 3 Month Average | 225.483 % | £169,101 | £244,096 |
| 6 Month Average | 224.476 % | £168,345 | £243,340 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 25 Feb 2015.
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 |