£1,132,524
This estimated value is based upon the latest sale price for the house of £910,000 on 20 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £910,000 | 20 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 546 sq meters or 5,877 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £910,000 results in an estimated price of approximately £1,132,524.
| 20 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £910,000 | £222,524 | £1,132,524 |
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 | -24.969 % | £-227,218 | £682,781 |
| 3 Month Average | -5.659 % | £-51,497 | £858,502 |
| 6 Month Average | -0.397 % | £-3,614 | £906,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £77,378 | £75,000 | FLAT 5 SORRENTO COURT WAKE GREEN ROAD |
| 17 Nov 2023 | £524,309 | £511,000 | 29 OAK LEAF DRIVE |
| 20 Oct 2023 | £225,113 | £220,000 | 17 WAKE GREEN ROAD |
| 27 Jun 2023 | £139,802 | £137,000 | APARTMENT 7 LORNE COURT, 6 SCHOOL ROAD |
| 26 Sep 2022 | £79,947 | £80,000 | FLAT 9 SORRENTO COURT WAKE GREEN ROAD |
This house has a floor area of 546 sq meters or 5,877 sq feet when measured on 8 Feb 2015. Using an estimated price of £1,132,525 means this house is valued at £2,074 per sq meter (£192 per sq foot).
The average size of a house on WAKE GREEN ROAD is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Lench'S Close |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Lench'S Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lench'S Close |
| Aug 2024 | Anti-social behaviour | On or near Lench'S Close | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lench'S Close |