£165,717
This estimated value is based upon the latest sale price for the house of £119,000 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £119,000 | 20 Nov 2015 |
| £116,000 | 31 Jan 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £119,000 results in an estimated price of approximately £165,717.
| 20 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £119,000 | £46,717 | £165,717 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 46.965 % | £55,888 | £174,888 |
| 3 Month Average | 50.608 % | £60,222 | £179,222 |
| 6 Month Average | 62.260 % | £74,089 | £193,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £94,646 | £93,500 | 140 RIDGE LANE |
| 27 May 2022 | £219,129 | £215,000 | 53 DUCKHOUSE ROAD |
| 4 Apr 2022 | £211,109 | £205,000 | 63 RIDGE LANE |
| 14 Mar 2022 | £259,060 | £249,995 | 27 DUCKHOUSE ROAD |
| 23 Feb 2022 | £210,788 | £201,000 | 55 DUCKHOUSE ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 29 Dec 2012. Using an estimated price of £165,718 means this house is valued at £1,926 per sq meter (£179 per sq foot).
The average size of a house on WOOTTON AVENUE is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wootton Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thomas Mason Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thomas Mason Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridge Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ridge Lane |