£418,615
This estimated value is based upon the latest sale price for the house of £317,500 on 16 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £317,500 | 16 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £317,500 results in an estimated price of approximately £418,615.
| 16 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 146.7 | 31.847 % | £317,500 | £101,115 | £418,615 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | 15.753 % | £50,016 | £367,516 |
| 3 Month Average | 0.992 % | £3,150 | £320,650 |
| 6 Month Average | 27.928 % | £88,672 | £406,172 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 15 Jan 2016.
The average size of a house on WAKE GREEN ROAD is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mallory Rise |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Astor Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Berkley Crescent |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Berkley Crescent |
| Mar 2024 | Burglary | Under investigation | On or near Adrian Croft |