£194,758
This estimated value is based upon the latest sale price for the house of £124,950 on 22 Jan 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£124,950 | 22 Jan 2008 |
£111,000 | 28 Jun 2006 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 January 2008 the House Price Index for WEST MIDLANDS was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £124,950 results in an estimated price of approximately £194,758.
22 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 148.6 | 55.870 % | £124,950 | £69,808 | £194,758 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 19.563 % | £24,444 | £149,394 |
3 Month Average | 62.213 % | £77,734 | £202,684 |
6 Month Average | 54.436 % | £68,018 | £192,968 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £175,000 | £175,000 | 26 BURNLEA GROVE |
18 Dec 2023 | £213,740 | £210,000 | 384 REDNAL ROAD |
30 Nov 2023 | £167,480 | £165,000 | 5 LITTLEMEAD AVENUE |
22 Sep 2023 | £241,082 | £238,000 | 403 REDNAL ROAD |
21 Sep 2023 | £179,292 | £177,000 | 4 HILL CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 Sep 2015. Using an estimated price of £194,759 means this house is valued at £2,631 per sq meter (£244 per sq foot).
The average size of a house on WAKEFORD ROAD is 78 sq meters (843 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Littlemead Avenue | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Littlemead Avenue |
Mar 2024 | Possession of weapons | Under investigation | On or near Littlemead Avenue |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Littlemead Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Littlemead Avenue |