£108,827
This estimated value is based upon the latest sale price for the house of £88,000 on 18 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £88,000 | 18 Apr 2019 |
| £115,000 | 29 Apr 2015 |
| £31,500 | 8 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £88,000 results in an estimated price of approximately £108,827.
| 18 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £88,000 | £20,827 | £108,827 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 3.710 % | £3,264 | £91,264 |
| 3 Month Average | -1.512 % | £-1,330 | £86,669 |
| 6 Month Average | 14.736 % | £12,967 | £100,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £223,001 | £220,000 | 100 PAYNES LANE |
| 20 Apr 2023 | £113,724 | £112,500 | 60 PAYNES LANE |
| 20 Mar 2023 | £204,426 | £202,500 | 38 KING RICHARD STREET |
| 17 Mar 2023 | £434,090 | £430,000 | 34 CATHERINE STREET |
| 9 Mar 2023 | £82,780 | £82,000 | 72 PAYNES LANE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 22 Aug 2016. Using an estimated price of £108,828 means this house is valued at £663 per sq meter (£61 per sq foot).
The average size of a house on WREN STREET is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wren Street |
| Mar 2024 | Robbery | Under investigation | On or near Wren Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wren Street |
| Mar 2024 | Anti-social behaviour | On or near Wren Street | |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wren Street |