£446,518
This estimated value is based upon the latest sale price for the house of £110,000 on 1 Dec 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Wetherby Close
More crime details
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Price Paid | Date |
---|---|
£110,000 | 1 Dec 1999 |
Detached |
Freehold |
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 December 1999 the House Price Index for WEST MIDLANDS was 36.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 305.926%.Applying this 305.926% change to the original purchase price of £110,000 results in an estimated price of approximately £446,518.
1 Dec 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.9 | 149.7 | 305.926 % | £110,000 | £336,518 | £446,518 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 140.053 % | £154,058 | £264,058 |
3 Month Average | 258.056 % | £283,861 | £393,861 |
6 Month Average | 283.500 % | £311,850 | £421,850 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 May 2024 | £270,000 | £270,000 | 36 LINGFIELD AVENUE |
17 Jun 2022 | £255,461 | £250,000 | 40 LINGFIELD AVENUE |
20 May 2022 | £243,339 | £237,000 | 8 LINGFIELD AVENUE |
19 Apr 2022 | £365,691 | £352,500 | 24 SPRINGFIELD LANE |
30 Nov 2021 | £446,703 | £410,000 | 37 SPRINGFIELD LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wetherby Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wetherby Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wetherby Close |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Wetherby Close |
Jun 2024 | Burglary | Unable to prosecute suspect | On or near Wetherby Close |