£383,267
This estimated value is based upon the latest sale price for the house of £307,000 on 30 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £307,000 | 30 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £307,000 results in an estimated price of approximately £383,267.
| 30 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £307,000 | £76,267 | £383,267 |
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 | -15.129 % | £-46,446 | £260,553 |
| 3 Month Average | 24.439 % | £75,027 | £382,027 |
| 6 Month Average | 42.526 % | £130,554 | £437,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £502,724 | £495,000 | 38 WYCHALL LANE |
| 17 Nov 2023 | £607,419 | £592,000 | 40 WYCHALL LANE |
| 22 Sep 2023 | £674,877 | £660,000 | 85 WESTHILL ROAD |
| 16 Jun 2023 | £676,048 | £662,500 | 73 WYCHALL LANE |
| 24 Jan 2023 | £411,098 | £410,000 | 14 WYCHALL LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 2 Dec 2017. Using an estimated price of £383,268 means this house is valued at £4,674 per sq meter (£434 per sq foot).
The average size of a house on WYCHALL LANE is 135 sq meters (1,453 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Under investigation | On or near Parking Area |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Anti-social behaviour | On or near Parking Area |