£143,454
This estimated value is based upon the latest sale price for the house of £116,500 on 4 May 2018. 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 Wellesley Road
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| Price Paid | Date |
|---|---|
| £116,500 | 4 May 2018 |
| £78,500 | 22 Nov 2007 |
| £80,000 | 25 May 2007 |
| £37,000 | 28 Aug 2002 |
| £20,150 | 8 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,016 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 May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £116,500 results in an estimated price of approximately £143,454.
| 4 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £116,500 | £26,954 | £143,454 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 34.154 % | £39,789 | £156,289 |
| 3 Month Average | 23.961 % | £27,914 | £144,414 |
| 6 Month Average | 40.429 % | £47,099 | £163,599 |
This house has a floor area of 94 sq meters or 1,016 sq feet when measured on 19 May 2009.
The average size of a house on WELLESLEY ROAD is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wellesley Road |
| Feb 2024 | Burglary | Under investigation | On or near Wellesley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gresham Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gresham Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gresham Road |