£255,764
This estimated value is based upon the latest sale price for the house of £185,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £185,000 | 8 Jan 2016 |
| £136,995 | 15 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 669 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £185,000 results in an estimated price of approximately £255,764.
| 8 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £185,000 | £70,764 | £255,764 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 53.054 % | £98,150 | £283,150 |
| 3 Month Average | 40.177 % | £74,326 | £259,326 |
| 6 Month Average | 27.845 % | £51,513 | £236,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £212,500 | £212,500 | 29 GLEBE DRIVE |
| 15 May 2024 | £295,000 | £295,000 | 17 GLEBE DRIVE |
| 3 May 2024 | £62,000 | £62,000 | FLAT 5 KINGSLEA, 2A COFIELD ROAD |
| 27 Nov 2023 | £300,631 | £293,000 | 31 ST MICHAELS ROAD |
| 17 Nov 2023 | £333,465 | £325,000 | 1E COFIELD ROAD |
This house has a floor area of 62 sq meters or 669 sq feet when measured on 3 Mar 2011. Using an estimated price of £255,765 means this house is valued at £4,114 per sq meter (£382 per sq foot).
The average size of a house on WEDMORE ROAD is 106 sq meters (1,148 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (669 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wedmore Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Wedmore Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedmore Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedmore Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cofield Road |