£154,158
This estimated value is based upon the latest sale price for the house of £147,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £147,000 | 11 Feb 2022 |
| £150,000 | 27 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £147,000 results in an estimated price of approximately £154,158.
| 11 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £147,000 | £7,158 | £154,158 |
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 | -40.663 % | £-59,773 | £87,226 |
| 3 Month Average | -42.045 % | £-61,806 | £85,193 |
| 6 Month Average | -16.112 % | £-23,684 | £123,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £127,226 | £125,000 | 173 WHARF LANE |
| 22 Sep 2023 | £273,497 | £270,000 | 190 WHARF LANE |
| 30 Jun 2023 | £298,617 | £295,000 | 24 ANCHOR LANE |
| 17 Mar 2023 | £161,522 | £160,000 | 59 WHARF LANE |
| 26 Aug 2022 | £171,538 | £172,000 | APARTMENT 12 AVERY COURT WHARF LANE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 28 Aug 2019. Using an estimated price of £154,158 means this house is valued at £3,022 per sq meter (£280 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 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anchor Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Anchor Lane |