£514,651
This estimated value is based upon the latest sale price for the house of £325,000 on 28 May 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £325,000 | 28 May 2008 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,341 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 2008 the House Price Index for WEST MIDLANDS was 93.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 58.354%.Applying this 58.354% change to the original purchase price of £325,000 results in an estimated price of approximately £514,651.
| 28 May 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.0 | 58.354 % | £325,000 | £189,651 | £514,651 |
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 | 148.051 % | £481,164 | £806,164 |
| 3 Month Average | 79.530 % | £258,473 | £583,473 |
| 6 Month Average | 54.337 % | £176,595 | £501,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £124,353 | £122,000 | FLAT 15 BROMFORD HOUSE JOCKEY ROAD |
| 3 Jul 2023 | £547,681 | £542,500 | 33 BRITWELL ROAD |
| 21 Apr 2023 | £84,528 | £83,900 | 59 FIR TREE GROVE |
| 6 Apr 2023 | £352,621 | £350,000 | 32 BRITWELL ROAD |
| 1 Aug 2022 | £427,114 | £430,000 | 18 WAKEFIELD CLOSE |
This house has a floor area of 124 sq meters or 1,341 sq feet when measured on 25 May 2010. Using an estimated price of £514,652 means this house is valued at £4,128 per sq meter (£383 per sq foot).
The average size of a house on WAKEFIELD CLOSE is 111 sq meters (1,199 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakefield Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakefield Close |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Wakefield Close |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Wakefield Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gate Lane |