£287,493
This estimated value is based upon the latest sale price for the house of £230,000 on 26 Jan 2018. 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 Electric Wharf
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| Price Paid | Date |
|---|---|
| £230,000 | 26 Jan 2018 |
| £165,000 | 16 Nov 2009 |
| £120,000 | 7 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 106 sq meters or 1,140 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £230,000 results in an estimated price of approximately £287,493.
| 26 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.0 | 24.997 % | £230,000 | £57,493 | £287,493 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 113.368 % | £260,747 | £490,747 |
| 3 Month Average | 11.939 % | £27,459 | £257,459 |
| 6 Month Average | -7.974 % | £-18,339 | £211,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £130,441 | £130,000 | 4 GENERATOR HALL ELECTRIC WHARF |
| 10 Jul 2023 | £146,385 | £145,000 | 6 TURBINE HALL ELECTRIC WHARF |
| 17 Feb 2023 | £177,162 | £178,000 | APARTMENT 34 BOILER HOUSE ELECTRIC WHARF |
| 16 Feb 2023 | £174,176 | £175,000 | APARTMENT 47 BOILER HOUSE ELECTRIC WHARF |
| 5 Aug 2022 | £176,309 | £177,500 | APARTMENT 28 BOILER HOUSE ELECTRIC WHARF |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 19 Nov 2019. Using an estimated price of £287,494 means this house is valued at £2,712 per sq meter (£251 per sq foot).
The average size of a house on ELECTRIC WHARF is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Electric Wharf |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Electric Wharf |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Electric Wharf |
| Mar 2024 | Burglary | Under investigation | On or near Electric Wharf |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Electric Wharf |