£229,006
This estimated value is based upon the latest sale price for the house of £225,000 on 6 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 6 Dec 2023 |
| £165,000 | 18 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 December 2023 the House Price Index for WEST MIDLANDS was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £225,000 results in an estimated price of approximately £229,006.
| 6 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £225,000 | £4,006 | £229,006 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | -4.410 % | £-9,922 | £215,077 |
| 3 Month Average | 12.115 % | £27,258 | £252,258 |
| 6 Month Average | -4.884 % | £-10,988 | £214,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £229,007 | £225,000 | 15 WILMOT DRIVE |
| 25 Sep 2023 | £172,202 | £170,000 | 54 WILMOT DRIVE |
| 30 Jun 2023 | £207,514 | £205,000 | 58 WILMOT DRIVE |
| 13 Apr 2023 | £131,415 | £130,000 | 51 BEECHMOUNT DRIVE |
| 8 Mar 2023 | £605,707 | £600,000 | 9 ORCHARD ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 29 Jun 2017. Using an estimated price of £229,007 means this house is valued at £3,367 per sq meter (£312 per sq foot).
The average size of a house on WILMOT DRIVE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Portfield Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Portfield Grove |
| Apr 2024 | Anti-social behaviour | On or near Portfield Grove | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portfield Grove |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Portfield Grove |