£773,669
This estimated value is based upon the latest sale price for the house of £280,000 on 2 Aug 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £280,000 | 2 Aug 2002 |
| 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 August 2002 the House Price Index for WEST MIDLANDS was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £280,000 results in an estimated price of approximately £773,669.
| 2 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £280,000 | £493,669 | £773,669 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | 115.489 % | £323,368 | £603,368 |
| 3 Month Average | 90.428 % | £253,197 | £533,197 |
| 6 Month Average | 113.622 % | £318,141 | £598,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £100,000 | £100,000 | FLAT 15 EURO COURT, 88 WAKE GREEN ROAD |
| 7 Aug 2023 | £560,102 | £550,000 | 22 MACKENZIE ROAD |
| 31 Mar 2023 | £109,326 | £107,500 | FLAT 5 BLOCK C WAKEFIELD COURT, 90 WAKE GREEN ROAD |
| 17 Jan 2023 | £82,220 | £82,000 | FLAT 18 PICKWICK CLOSE, 92 WAKE GREEN ROAD |
| 20 Jun 2022 | £645,805 | £632,000 | 40 MACKENZIE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Local resolution | On or near Mackenzie Road |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mackenzie Road |
| Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Mackenzie Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Hayfield Gardens |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Vale |