£376,773
This estimated value is based upon the latest sale price for the house of £217,000 on 24 Nov 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£217,000 | 24 Nov 2011 |
£247,000 | 7 Sep 2007 |
£205,995 | 22 Aug 2003 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,094 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 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £217,000 results in an estimated price of approximately £376,773.
24 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £217,000 | £159,773 | £376,773 |
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 | 97.091 % | £210,687 | £427,687 |
3 Month Average | 73.699 % | £159,927 | £376,927 |
6 Month Average | 52.476 % | £113,873 | £330,873 |
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 101 sq meters or 1,094 sq feet when measured on 14 Feb 2011. Using an estimated price of £376,773 means this house is valued at £3,706 per sq meter (£344 per sq foot).
The average size of a house on WEDMORE ROAD is 106 sq meters (1,148 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 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cofield Road |