£274,280
This estimated value is based upon the latest sale price for the house of £100,000 on 20 Aug 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £100,000 | 20 Aug 2002 |
| 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 August 2002 the House Price Index for WEST MIDLANDS was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £100,000 results in an estimated price of approximately £274,280.
| 20 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £100,000 | £174,280 | £274,280 |
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 | 110.451 % | £110,451 | £210,451 |
| 3 Month Average | 126.124 % | £126,123 | £226,123 |
| 6 Month Average | 163.800 % | £163,799 | £263,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £94,646 | £93,500 | 140 RIDGE LANE |
| 4 Nov 2022 | £197,606 | £200,000 | 25 PRESTWOOD AVENUE |
| 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 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 30 Mar 2019. Using an estimated price of £274,280 means this house is valued at £3,757 per sq meter (£349 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 | Under investigation | On or near Ridge Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridge Lane |