£411,845
This estimated value is based upon the latest sale price for the house of £348,500 on 28 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £348,500 | 28 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £348,500 results in an estimated price of approximately £411,845.
| 28 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £348,500 | £63,345 | £411,845 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 70.120 % | £244,367 | £592,867 |
| 3 Month Average | 10.575 % | £36,854 | £385,354 |
| 6 Month Average | 3.264 % | £11,374 | £359,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £180,000 | £180,000 | 70 WAGON LANE |
| 9 Aug 2023 | £305,510 | £300,000 | 57 THURLSTON AVENUE |
| 1 Mar 2023 | £371,199 | £365,000 | 15 WELLS GREEN ROAD |
| 30 Nov 2022 | £253,813 | £255,000 | 14 BIRCHLEY RISE |
| 26 Aug 2022 | £180,846 | £180,000 | 69 WAGON LANE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 11 Jul 2020. Using an estimated price of £411,846 means this house is valued at £3,813 per sq meter (£354 per sq foot).
The average size of a house on WAGON LANE is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Local resolution | On or near Wagon Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wagon Lane |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wagon Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Birchley Rise |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Keswick Road |