£382,990
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Jul 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 17 Jul 2012 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,285 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 July 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £225,000 results in an estimated price of approximately £382,990.
| 17 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £225,000 | £157,990 | £382,990 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | -2.168 % | £-4,878 | £220,121 |
| 3 Month Average | 85.806 % | £193,062 | £418,062 |
| 6 Month Average | 91.943 % | £206,871 | £431,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £93,000 | £93,000 | 26 STATION ROAD |
| 17 Nov 2023 | £600,896 | £592,000 | 40 WYCHALL LANE |
| 22 Sep 2023 | £668,548 | £660,000 | 85 WESTHILL ROAD |
| 7 Jun 2023 | £512,711 | £506,500 | 39 CAMP LANE |
| 24 Jan 2023 | £408,078 | £410,000 | 14 WYCHALL LANE |
This house has a floor area of 119 sq meters or 1,285 sq feet when measured on 29 May 2011. Using an estimated price of £382,990 means this house is valued at £3,207 per sq meter (£297 per sq foot).
The average size of a house on WYCHALL LANE is 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |