£344,426
This estimated value is based upon the latest sale price for the house of £282,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £282,000 | 25 Oct 2019 |
| £230,000 | 6 Feb 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £282,000 results in an estimated price of approximately £344,426.
| 25 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £282,000 | £62,426 | £344,426 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 46.945 % | £132,386 | £414,386 |
| 3 Month Average | -20.669 % | £-58,286 | £223,713 |
| 6 Month Average | -8.893 % | £-25,077 | £256,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £173,278 | £170,000 | APARTMENT 12 BROOK HOUSE WHARF LANE |
| 30 Nov 2023 | £151,951 | £150,000 | 164 WHARF LANE |
| 24 Nov 2023 | £153,977 | £152,000 | 258 WHARF LANE |
| 21 Jul 2023 | £172,633 | £171,000 | APARTMENT 21 BROOK HOUSE WHARF LANE |
| 21 Jul 2023 | £333,151 | £330,000 | 210 WHARF LANE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 17 Aug 2018. Using an estimated price of £344,427 means this house is valued at £3,869 per sq meter (£359 per sq foot).
The average size of a house on WHARF LANE is 61 sq meters (660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near Wharf Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wharf Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wharf Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Middlewood Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Middlewood Close |