£147,406
This estimated value is based upon the latest sale price for the house of £100,000 on 6 Mar 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 South Street
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| Price Paid | Date |
|---|---|
| £100,000 | 6 Mar 2015 |
| £50,000 | 4 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 March 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £100,000 results in an estimated price of approximately £147,406.
| 6 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £100,000 | £47,406 | £147,406 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | 52.504 % | £52,503 | £152,503 |
| 3 Month Average | 14.385 % | £14,385 | £114,385 |
| 6 Month Average | 49.254 % | £49,253 | £149,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2022 | £912,544 | £915,000 | 66 - 68 WEDNESBURY ROAD |
| 27 Jul 2022 | £561,511 | £559,999 | WEDNESBURY ROAD SERVICE STATION WEDNESBURY ROAD |
| 1 Jul 2022 | £111,300 | £111,000 | 40 MILTON STREET |
| 31 Jan 2022 | £131,551 | £125,000 | 63 WEDNESBURY ROAD |
| 3 Dec 2021 | £174,634 | £163,000 | 6 EQUESTRIAN GROVE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 12 Dec 2015. Using an estimated price of £147,407 means this house is valued at £989 per sq meter (£91 per sq foot).
The average size of a house on WEDNESBURY ROAD is 147 sq meters (1,582 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near South Street |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |