£90,428
This estimated value is based upon the latest sale price for the house of £34,000 on 5 Sep 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £34,000 | 5 Sep 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 417 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 September 2002 the House Price Index for WEST MIDLANDS was 55.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 165.966%.Applying this 165.966% change to the original purchase price of £34,000 results in an estimated price of approximately £90,428.
| 5 Sep 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 146.7 | 165.966 % | £34,000 | £56,428 | £90,428 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 96.209 % | £32,711 | £66,711 |
| 3 Month Average | 128.049 % | £43,536 | £77,536 |
| 6 Month Average | 157.398 % | £53,515 | £87,515 |
This house has a floor area of 38 sq meters or 417 sq feet when measured on 6 Sep 2010.
The average size of a house on WRIGHTS LANE is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Western Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadow Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Orchard |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherry Orchard |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wesley Close |