£339,596
This estimated value is based upon the latest sale price for the house of £273,000 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £273,000 | 1 Jun 2018 |
| £84,000 | 30 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £273,000 results in an estimated price of approximately £339,596.
| 1 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £273,000 | £66,596 | £339,596 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -35.252 % | £-96,237 | £176,762 |
| 3 Month Average | 18.652 % | £50,918 | £323,918 |
| 6 Month Average | 17.689 % | £48,291 | £321,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £388,708 | £384,000 | 36 WREKIN ROAD |
| 11 Jan 2023 | £285,654 | £287,000 | 293 HIGHBRIDGE ROAD |
| 28 Oct 2022 | £460,047 | £465,000 | 58 BEACON ROAD |
| 8 Mar 2022 | £424,868 | £410,000 | 18 WREKIN ROAD |
| 22 Sep 2021 | £301,726 | £280,000 | 262 HIGHBRIDGE ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 14 Dec 2017. Using an estimated price of £339,596 means this house is valued at £3,574 per sq meter (£332 per sq foot).
The average size of a house on WREKIN ROAD is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Amos Mews |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amos Mews |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fir Tree Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fir Tree Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fir Tree Grove |