£388,622
This estimated value is based upon the latest sale price for the house of £212,000 on 22 Aug 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £212,000 | 22 Aug 2005 |
| £140,000 | 21 Nov 2001 |
| £99,950 | 26 Sep 1997 |
| Detached |
| Freehold |
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 August 2005 the House Price Index for WEST MIDLANDS was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £212,000 results in an estimated price of approximately £388,622.
| 22 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £212,000 | £176,622 | £388,622 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 68.339 % | £144,878 | £356,878 |
| 3 Month Average | 38.169 % | £80,917 | £292,917 |
| 6 Month Average | 52.883 % | £112,112 | £324,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £335,877 | £330,000 | 103 FOREDROVE LANE |
| 9 Jun 2023 | £425,150 | £420,000 | 197 DAMSON LANE |
| 24 Feb 2023 | £331,777 | £332,000 | 183 DAMSON LANE |
| 9 Nov 2022 | £385,332 | £390,000 | 51 WHARTON AVENUE |
| 6 Sep 2022 | £9,920 | £10,000 | 29 WHEELEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheeley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheeley Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Wheeley Road |
| Jan 2024 | Anti-social behaviour | On or near Wheeley Road | |
| Jan 2024 | Anti-social behaviour | On or near Wheeley Road |