£505,442
This estimated value is based upon the latest sale price for the house of £500,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £500,000 | 28 Apr 2023 |
| £329,500 | 10 Feb 2016 |
| £305,000 | 10 Feb 2006 |
| £305,000 | 10 Feb 2006 |
| £192,500 | 2 May 2002 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 April 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £500,000 results in an estimated price of approximately £505,442.
| 28 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £500,000 | £5,442 | £505,442 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 27.587 % | £137,932 | £637,932 |
| 3 Month Average | -3.595 % | £-17,976 | £482,023 |
| 6 Month Average | 5.021 % | £25,106 | £525,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £330,899 | £326,000 | 43 COUNTY PARK AVENUE |
| 28 Apr 2023 | £505,442 | £500,000 | 2 WENTWORTH RISE |
| 9 Nov 2022 | £128,444 | £130,000 | 40 HAMILTON AVENUE |
| 22 Jul 2022 | £89,240 | £89,000 | 38 HAMILTON AVENUE |
| 1 Apr 2022 | £92,682 | £90,000 | 2 SANDALS RISE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 4 Apr 2014. Using an estimated price of £505,442 means this house is valued at £3,858 per sq meter (£358 per sq foot).
The average size of a house on WENTWORTH RISE is 154 sq meters (1,659 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Links View |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Masefield Rise |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandals Rise |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandals Rise |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Petrol Station |