£344,768
This estimated value is based upon the latest sale price for the house of £260,000 on 18 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 18 Aug 2016 |
| £175,000 | 5 Jul 2002 |
| £129,050 | 26 May 1999 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.603%.Applying this 32.603% change to the original purchase price of £260,000 results in an estimated price of approximately £344,768.
| 18 Aug 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.603 % | £260,000 | £84,768 | £344,768 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 42.599 % | £110,756 | £370,756 |
| 3 Month Average | 23.897 % | £62,131 | £322,131 |
| 6 Month Average | 28.122 % | £73,116 | £333,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £354,552 | £350,000 | 5 THE FOLD |
| 12 Aug 2022 | £338,215 | £340,500 | 4 PETERDALE DRIVE |
| 14 Apr 2022 | £538,462 | £525,000 | 35 CHURCH HILL |
| 8 Mar 2022 | £201,204 | £194,950 | 36A WAKELEY HILL |
| 21 Jan 2022 | £434,986 | £415,000 | 11 VIRGINIA DRIVE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 1 Feb 2016. Using an estimated price of £344,768 means this house is valued at £2,849 per sq meter (£264 per sq foot).
The average size of a house on WAKELEY HILL is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near The Fold | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Fold |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Fold |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Butts Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near St Catherine'S Crescent |