£251,381
This estimated value is based upon the latest sale price for the house of £245,000 on 8 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £245,000 | 8 Nov 2023 |
| £180,000 | 11 Sep 2019 |
| £143,500 | 25 Feb 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 November 2023 the House Price Index for WEST MIDLANDS was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £245,000 results in an estimated price of approximately £251,381.
| 8 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £245,000 | £6,381 | £251,381 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | -50.443 % | £-123,585 | £121,414 |
| 3 Month Average | -8.398 % | £-20,574 | £224,425 |
| 6 Month Average | 6.843 % | £16,766 | £261,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £180,548 | £175,000 | 122 WILKES AVENUE |
| 30 Nov 2023 | £172,376 | £168,000 | 21 ARNOLD CLOSE |
| 8 Nov 2023 | £251,381 | £245,000 | 140 WILKES AVENUE |
| 17 Aug 2023 | £154,792 | £152,000 | 187 CHURCHILL ROAD |
| 15 Aug 2023 | £181,269 | £178,000 | 159 CHURCHILL ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 29 Aug 2013. Using an estimated price of £251,381 means this house is valued at £2,394 per sq meter (£222 per sq foot).
The average size of a house on WILKES AVENUE is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Wilkes Avenue |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilkes Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilkes Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wilkes Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Monarch Grove |