£220,238
This estimated value is based upon the latest sale price for the house of £130,145 on 23 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,145 | 23 Nov 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 November 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £130,145 results in an estimated price of approximately £220,238.
| 23 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £130,145 | £90,093 | £220,238 |
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 | 49.463 % | £64,373 | £194,518 |
| 3 Month Average | 6.891 % | £8,967 | £139,112 |
| 6 Month Average | 34.665 % | £45,114 | £175,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £157,760 | £155,000 | APARTMENT 34 AVERY COURT WHARF LANE |
| 4 Dec 2023 | £173,027 | £170,000 | APARTMENT 12 BROOK HOUSE WHARF LANE |
| 21 Jul 2023 | £173,333 | £171,000 | APARTMENT 21 BROOK HOUSE WHARF LANE |
| 24 Nov 2022 | £166,977 | £169,000 | APARTMENT 39 BROOK HOUSE WHARF LANE |
| 7 Oct 2022 | £158,296 | £160,000 | APARTMENT 49 BROOK HOUSE WHARF LANE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 20 Jun 2012. Using an estimated price of £220,239 means this house is valued at £4,004 per sq meter (£372 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 |
| 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 |