£263,986
This estimated value is based upon the latest sale price for the house of £179,950 on 30 Jan 2015. 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 Wellfield Road
More crime details
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| Price Paid | Date |
|---|---|
| £179,950 | 30 Jan 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 46.700%.Applying this 46.700% change to the original purchase price of £179,950 results in an estimated price of approximately £263,986.
| 30 Jan 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 146.7 | 46.700 % | £179,950 | £84,036 | £263,986 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | 32.252 % | £58,037 | £237,987 |
| 3 Month Average | 37.270 % | £67,067 | £247,017 |
| 6 Month Average | 37.229 % | £66,993 | £246,943 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 29 Nov 2014.
The average size of a house on WELLFIELD ROAD is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wellfield Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Wellfield Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wellfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Meadow |
| Dec 2023 | Shoplifting | Unable to prosecute suspect | On or near B4152 |