£306,436
This estimated value is based upon the latest sale price for the house of £172,000 on 14 Aug 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 Wakeley Hill
More crime details
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| Price Paid | Date |
|---|---|
| £172,000 | 14 Aug 2009 |
| £67,000 | 26 Feb 1999 |
| Semi-Detached |
| Freehold |
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 2009 the House Price Index for WEST MIDLANDS was 82.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.161%.Applying this 78.161% change to the original purchase price of £172,000 results in an estimated price of approximately £306,436.
| 14 Aug 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 146.7 | 78.161 % | £172,000 | £134,436 | £306,436 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 30.360 % | £52,218 | £224,218 |
| 3 Month Average | 42.081 % | £72,380 | £244,380 |
| 6 Month Average | 51.124 % | £87,933 | £259,933 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Awaiting court outcome | On or near Wakeley Hill |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Saffron Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brenton Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Grove |