£263,022
This estimated value is based upon the latest sale price for the house of £177,000 on 30 Jan 2015. 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 Wisteria Drive
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| Price Paid | Date |
|---|---|
| £177,000 | 30 Jan 2015 |
| £220,000 | 17 Dec 2004 |
| £73,000 | 13 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £177,000 results in an estimated price of approximately £263,022.
| 30 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £177,000 | £86,022 | £263,022 |
The Postcode Pricing Model uses changes in average sales price within the WS8 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 | 116.456 % | £206,127 | £383,127 |
| 3 Month Average | 72.194 % | £127,783 | £304,783 |
| 6 Month Average | 46.758 % | £82,762 | £259,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £131,954 | £130,000 | 157 CHERWELL DRIVE |
| 8 Sep 2023 | £185,370 | £183,000 | 130 HEDNESFORD ROAD |
| 31 Aug 2022 | £154,584 | £155,000 | 55 ALBUTTS ROAD |
| 28 Feb 2022 | £256,930 | £245,000 | PEAR TREE COTTAGE PEAR TREE LANE |
| 27 Oct 2021 | £188,101 | £170,000 | 36 CHERWELL DRIVE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 4 Nov 2014. Using an estimated price of £263,022 means this house is valued at £2,210 per sq meter (£205 per sq foot).
The average size of a house on PEAR TREE LANE is 103 sq meters (1,114 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Wisteria Drive |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tyne Close |