£146,008
This estimated value is based upon the latest sale price for the house of £119,000 on 18 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £119,000 | 18 Sep 2019 |
| £115,000 | 28 Oct 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £119,000 results in an estimated price of approximately £146,008.
| 18 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £119,000 | £27,008 | £146,008 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -14.375 % | £-17,106 | £101,893 |
| 3 Month Average | -34.382 % | £-40,914 | £78,085 |
| 6 Month Average | -8.894 % | £-10,583 | £108,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £157,760 | £155,000 | 304 WHARF LANE |
| 24 Nov 2023 | £154,284 | £152,000 | 258 WHARF LANE |
| 22 Sep 2023 | £224,875 | £222,000 | 222 WHARF LANE |
| 21 Jul 2023 | £334,502 | £330,000 | 210 WHARF LANE |
| 16 Mar 2023 | £166,569 | £165,000 | 388 ROWOOD DRIVE |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 8 Jan 2014. Using an estimated price of £146,009 means this house is valued at £4,562 per sq meter (£423 per sq foot).
The average size of a house on WHARF LANE is 61 sq meters (660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wharf Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wharf Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wharf Lane |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Bisbrook Croft |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bisbrook Croft |