£171,505
This estimated value is based upon the latest sale price for the house of £121,000 on 9 Oct 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £121,000 | 9 Oct 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 October 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £121,000 results in an estimated price of approximately £171,505.
| 9 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £121,000 | £50,505 | £171,505 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 90.287 % | £109,247 | £230,247 |
| 3 Month Average | 31.187 % | £37,736 | £158,736 |
| 6 Month Average | 25.981 % | £31,436 | £152,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £153,907 | £150,000 | 164 WHARF LANE |
| 24 Nov 2023 | £155,959 | £152,000 | 258 WHARF LANE |
| 25 Oct 2023 | £170,881 | £167,000 | 262 WHARF LANE |
| 22 Sep 2023 | £276,086 | £270,000 | 190 WHARF LANE |
| 22 Sep 2023 | £227,004 | £222,000 | 222 WHARF LANE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 5 Sep 2018. Using an estimated price of £171,506 means this house is valued at £4,183 per sq meter (£388 per sq foot).
The average size of a house on WHARF LANE is 61 sq meters (660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Wharf Lane | |
| Jul 2024 | Anti-social behaviour | On or near Wharf Lane | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wharf Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wharf Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wharf Lane |