£404,835
This estimated value is based upon the latest sale price for the house of £327,500 on 3 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £327,500 | 3 May 2019 |
| Detached |
| Leasehold |
| Floor Area: 124 sq meters or 1,334 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £327,500 results in an estimated price of approximately £404,835.
| 3 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £327,500 | £77,335 | £404,835 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | -4.807 % | £-15,741 | £311,758 |
| 3 Month Average | 17.378 % | £56,914 | £384,414 |
| 6 Month Average | 19.507 % | £63,885 | £391,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £456,762 | £450,000 | 21 PENNS LAKE ROAD |
| 29 Sep 2023 | £623,978 | £616,000 | 6 PENNS LAKE ROAD |
| 21 Jul 2023 | £491,617 | £485,000 | 40 PENNS LAKE ROAD |
| 18 Apr 2023 | £555,986 | £550,000 | 23 MOXHULL DRIVE |
| 24 Feb 2023 | £114,923 | £115,000 | 11 ELDON DRIVE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 2 Oct 2018. Using an estimated price of £404,835 means this house is valued at £3,264 per sq meter (£303 per sq foot).
The average size of a house on WRENS PARK AVENUE is 141 sq meters (1,522 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Moxhull Drive |
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Alder Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alder Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Alder Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alder Close |