£387,937
This estimated value is based upon the latest sale price for the house of £78,000 on 29 Aug 1997. 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 Wagon Lane
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| Price Paid | Date |
|---|---|
| £78,000 | 29 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 August 1997 the House Price Index for WEST MIDLANDS was 29.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 397.356%.Applying this 397.356% change to the original purchase price of £78,000 results in an estimated price of approximately £387,937.
| 29 Aug 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 146.7 | 397.356 % | £78,000 | £309,937 | £387,937 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 327.649 % | £255,565 | £333,565 |
| 3 Month Average | 266.449 % | £207,830 | £285,830 |
| 6 Month Average | 281.339 % | £219,444 | £297,444 |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 29 Oct 2014.
The average size of a house on WAGON LANE is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wagon Lane |
| Mar 2024 | Burglary | Under investigation | On or near Wagon Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wagon Lane |
| Mar 2024 | Vehicle crime | Under investigation | On or near Keswick Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Keswick Road |