£205,831
This estimated value is based upon the latest sale price for the house of £123,000 on 29 May 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,000 | 29 May 2013 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 May 2013 the House Price Index for WEST MIDLANDS was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £123,000 results in an estimated price of approximately £205,831.
| 29 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £123,000 | £82,831 | £205,831 |
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 | 49.150 % | £60,454 | £183,454 |
| 3 Month Average | 51.446 % | £63,278 | £186,278 |
| 6 Month Average | 60.581 % | £74,515 | £197,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £283,820 | £280,000 | 21 TEASEL ROAD |
| 13 Jul 2023 | £329,434 | £325,000 | 7 TEASEL ROAD |
| 27 Jul 2022 | £215,580 | £215,000 | 1E SILVERTON WAY |
| 15 Jul 2022 | £174,470 | £174,000 | 22 SPEEDWELL CLOSE |
| 22 Feb 2022 | £249,589 | £238,000 | 12 YARROW CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 18 Jul 2012. Using an estimated price of £205,831 means this house is valued at £2,819 per sq meter (£261 per sq foot).
The average size of a house on WADDENS BROOK LANE is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Waddens Brook Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yarrow Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Foxglove Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Foxglove Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Foxglove Close |