£385,407
This estimated value is based upon the latest sale price for the house of £227,000 on 26 Oct 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£227,000 | 26 Oct 2012 |
£138,000 | 30 Aug 2002 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 October 2012 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £227,000 results in an estimated price of approximately £385,407.
26 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.783 % | £227,000 | £158,407 | £385,407 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 9.325 % | £21,168 | £248,168 |
3 Month Average | 59.691 % | £135,499 | £362,499 |
6 Month Average | 55.889 % | £126,868 | £353,868 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £388,708 | £384,000 | 36 WREKIN ROAD |
11 Jan 2023 | £285,654 | £287,000 | 293 HIGHBRIDGE ROAD |
28 Oct 2022 | £460,047 | £465,000 | 58 BEACON ROAD |
8 Mar 2022 | £424,868 | £410,000 | 18 WREKIN ROAD |
22 Sep 2021 | £301,726 | £280,000 | 262 HIGHBRIDGE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 10 Jul 2012. Using an estimated price of £385,407 means this house is valued at £3,535 per sq meter (£328 per sq foot).
The average size of a house on WREKIN ROAD is 102 sq meters (1,107 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Amos Mews |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amos Mews |
Mar 2024 | Shoplifting | Under investigation | On or near Fir Tree Grove |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Fir Tree Grove |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Fir Tree Grove |