£138,273
This estimated value is based upon the latest sale price for the house of £98,000 on 14 Aug 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £98,000 | 14 Aug 2015 |
| £90,000 | 5 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 August 2015 the House Price Index for WEST MIDLANDS was 104.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 41.095%.Applying this 41.095% change to the original purchase price of £98,000 results in an estimated price of approximately £138,273.
| 14 Aug 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 146.7 | 41.095 % | £98,000 | £40,273 | £138,273 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 59.084 % | £57,902 | £155,902 |
| 3 Month Average | 14.679 % | £14,385 | £112,385 |
| 6 Month Average | 73.631 % | £72,158 | £170,158 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 May 2015.
The average size of a house on WELLS AVENUE is 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glebe Place |
| Feb 2024 | Public order | Under investigation | On or near Stanbury Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Stanbury Avenue |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Herberts Park Road |