£325,902
This estimated value is based upon the latest sale price for the house of £180,000 on 19 Jan 2009. 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 Wednesbury Road
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| Price Paid | Date |
|---|---|
| £180,000 | 19 Jan 2009 |
| £180,000 | 16 Sep 2008 |
| £47,000 | 20 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 January 2009 the House Price Index for WEST MIDLANDS was 81.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 81.057%.Applying this 81.057% change to the original purchase price of £180,000 results in an estimated price of approximately £325,902.
| 19 Jan 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 146.7 | 81.057 % | £180,000 | £145,902 | £325,902 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | 50.076 % | £90,137 | £270,137 |
| 3 Month Average | 30.519 % | £54,934 | £234,934 |
| 6 Month Average | 43.949 % | £79,108 | £259,108 |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 10 Jun 2014.
The average size of a house on WEDNESBURY ROAD is 147 sq meters (1,582 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Wednesbury Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wednesbury Road |
| Jan 2024 | Burglary | Under investigation | On or near Wednesbury Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Wednesbury Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Wednesbury Road |