£253,242
This estimated value is based upon the latest sale price for the house of £56,500 on 12 Mar 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Wakeley Hill
More crime details
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| Price Paid | Date |
|---|---|
| £56,500 | 12 Mar 1999 |
| Semi-Detached |
| Freehold |
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 1999 the House Price Index for WEST MIDLANDS was 33.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.Applying this 348.216% change to the original purchase price of £56,500 results in an estimated price of approximately £253,242.
| 12 Mar 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.6 | 348.216 % | £56,500 | £196,742 | £253,242 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 269.364 % | £152,190 | £208,690 |
| 3 Month Average | 287.593 % | £162,489 | £218,989 |
| 6 Month Average | 280.345 % | £158,394 | £214,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £456,762 | £450,000 | 245 MOUNT ROAD |
| 6 Sep 2023 | £182,331 | £180,000 | 237 MOUNT ROAD |
| 2 Jun 2023 | £298,617 | £295,000 | 4 RYLANDS DRIVE |
| 28 Apr 2023 | £298,211 | £295,000 | 191 MOUNT ROAD |
| 29 Nov 2022 | £242,068 | £245,000 | 32 LINKS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Awaiting court outcome | On or near Wakeley Hill |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brenton Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Saffron Gardens |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Swan Bank |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wakeley Hill |