£728,533
This estimated value is based upon the latest sale price for the house of £550,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £550,000 | 7 Oct 2016 |
| £362,500 | 13 Oct 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £550,000 results in an estimated price of approximately £728,533.
| 7 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £550,000 | £178,533 | £728,533 |
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 | -12.181 % | £-66,995 | £483,004 |
| 3 Month Average | -22.974 % | £-126,356 | £423,643 |
| 6 Month Average | 3.554 % | £19,548 | £569,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £481,152 | £475,000 | 27 CHURCH HILL CLOSE |
| 14 Jul 2023 | £810,914 | £800,000 | 23 WITLEY AVENUE |
| 30 Jun 2023 | £1,133,733 | £1,120,000 | 15 WIDNEY MANOR ROAD |
| 18 Feb 2022 | £605,097 | £577,000 | 15 WITLEY AVENUE |
| 9 Feb 2022 | £550,565 | £525,000 | 17 CHURCH HILL CLOSE |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 26 Mar 2016. Using an estimated price of £728,533 means this house is valued at £5,241 per sq meter (£486 per sq foot).
The average size of a house on WIDNEY MANOR ROAD is 186 sq meters (2,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Witley Farm Close |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Witley Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Witley Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelthorn Way |
| Feb 2024 | Drugs | Local resolution | On or near Further/Higher Educational Building |