£412,903
This estimated value is based upon the latest sale price for the house of £335,000 on 6 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £335,000 | 6 Feb 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £335,000 results in an estimated price of approximately £412,903.
| 6 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £335,000 | £77,903 | £412,903 |
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 | 67.835 % | £227,247 | £562,247 |
| 3 Month Average | 16.888 % | £56,574 | £391,574 |
| 6 Month Average | 8.634 % | £28,922 | £363,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £250,704 | £243,000 | 1 AMBERLEY ROAD |
| 25 Oct 2023 | £243,019 | £237,500 | 161 WAGON LANE |
| 18 Oct 2023 | £255,810 | £250,000 | 53 AMBERLEY ROAD |
| 9 Aug 2023 | £305,510 | £300,000 | 57 THURLSTON AVENUE |
| 26 Jun 2023 | £258,174 | £253,000 | 9 AMBERLEY ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 13 Nov 2015. Using an estimated price of £412,903 means this house is valued at £3,104 per sq meter (£288 per sq foot).
The average size of a house on WAGON LANE is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Apr 2024 | Criminal damage and arson | Local resolution | On or near Wagon Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Birchley Rise |
| Jun 2024 | Vehicle crime | Under investigation | On or near Coniston Avenue |