£281,822
This estimated value is based upon the latest sale price for the house of £163,000 on 7 Jul 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £163,000 | 7 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 July 2006 the House Price Index for WEST MIDLANDS was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £163,000 results in an estimated price of approximately £281,822.
| 7 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £163,000 | £118,822 | £281,822 |
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 | 14.829 % | £24,171 | £187,171 |
| 3 Month Average | -7.139 % | £-11,636 | £151,363 |
| 6 Month Average | 24.914 % | £40,609 | £203,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £157,760 | £155,000 | APARTMENT 34 AVERY COURT WHARF LANE |
| 17 Mar 2023 | £169,598 | £168,000 | 60 WHARF LANE |
| 20 Jan 2023 | £164,226 | £165,000 | APARTMENT 32 AVERY COURT WHARF LANE |
| 31 Oct 2022 | £136,035 | £137,500 | APARTMENT 40 AVERY COURT WHARF LANE |
| 10 Aug 2022 | £157,576 | £158,000 | APARTMENT 45 AVERY COURT WHARF LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 22 Apr 2020. Using an estimated price of £281,822 means this house is valued at £5,636 per sq meter (£523 per sq foot).
The average size of a house on WHARF LANE is 61 sq meters (660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bisbrook Croft |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bisbrook Croft |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Bisbrook Croft |
| Mar 2024 | Anti-social behaviour | On or near Middlewood Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Middlewood Close |