£604,311
This estimated value is based upon the latest sale price for the house of £450,000 on 23 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £450,000 | 23 May 2016 |
| £190,000 | 28 Apr 2000 |
| Detached |
| Freehold |
| Floor Area: 216 sq meters or 2,334 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £450,000 results in an estimated price of approximately £604,311.
| 23 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £450,000 | £154,311 | £604,311 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | 0.198 % | £892 | £450,892 |
| 3 Month Average | 13.117 % | £59,024 | £509,024 |
| 6 Month Average | 33.656 % | £151,453 | £601,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £138,997 | £137,500 | FLAT 6 47 WELLESLEY GARDENS |
| 28 Feb 2022 | £393,260 | £375,000 | 176 WAKE GREEN ROAD |
| 17 Feb 2022 | £209,739 | £200,000 | 5 WELLESLEY GARDENS |
| 27 Jan 2022 | £189,433 | £180,000 | 88 THIRLMERE DRIVE |
| 1 Oct 2021 | £125,585 | £113,500 | FLAT 3 37 WELLESLEY GARDENS |
This house has a floor area of 216 sq meters or 2,334 sq feet when measured on 23 Sep 2011. Using an estimated price of £604,312 means this house is valued at £2,786 per sq meter (£258 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pool Meadow Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pool Meadow Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Pool Meadow Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pool Meadow Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pool Meadow Close |