£159,846
This estimated value is based upon the latest sale price for the house of £70,950 on 26 Sep 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,950 | 26 Sep 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 September 2003 the House Price Index for WEST MIDLANDS was 65.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 125.295%.Applying this 125.295% change to the original purchase price of £70,950 results in an estimated price of approximately £159,846.
| 26 Sep 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 146.7 | 125.295 % | £70,950 | £88,896 | £159,846 |
The Postcode Pricing Model uses changes in average sales price within the DY5 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 | 83.304 % | £59,104 | £130,054 |
| 3 Month Average | 78.334 % | £55,577 | £126,527 |
| 6 Month Average | 87.957 % | £62,405 | £133,355 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 19 Jul 2012.
The average size of a house on WELLS ROAD is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wells Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Wells Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Wells Road |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Leys Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Leys Road |