£364,409
This estimated value is based upon the latest sale price for the house of £199,950 on 21 Oct 2005. 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 Wasthill Lane
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Price Paid | Date |
---|---|
£199,950 | 21 Oct 2005 |
£199,950 | 21 Oct 2005 |
£110,000 | 15 Dec 2000 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 October 2005 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £199,950 results in an estimated price of approximately £364,409.
21 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.250 % | £199,950 | £164,459 | £364,409 |
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 | 24.471 % | £48,930 | £248,880 |
3 Month Average | 99.785 % | £199,520 | £399,470 |
6 Month Average | 101.879 % | £203,706 | £403,656 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Dec 2023 | £61,068 | £60,000 | 23 WEST MILL CROFT |
1 Dec 2023 | £500,253 | £491,500 | 2 WASTHILL LANE |
3 Nov 2023 | £644,542 | £635,000 | 462 REDHILL ROAD |
28 Sep 2023 | £160,046 | £158,000 | 518 SHANNON ROAD |
25 Aug 2023 | £181,589 | £180,000 | 18 FORDE WAY GARDENS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Jan 2020. Using an estimated price of £364,410 means this house is valued at £4,049 per sq meter (£376 per sq foot).
The average size of a house on VARLINS WAY is 109 sq meters (1,180 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wasthill Lane |
Mar 2024 | Other theft | Under investigation | On or near Wasthill Lane |
Mar 2024 | Anti-social behaviour | On or near Batheaston Close | |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Batheaston Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Batheaston Close |