£203,504
This estimated value is based upon the latest sale price for the house of £120,000 on 11 Jun 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 11 Jun 2010 |
| £37,000 | 9 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 June 2010 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £120,000 results in an estimated price of approximately £203,504.
| 11 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £120,000 | £83,504 | £203,504 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 72.312 % | £86,774 | £206,774 |
| 3 Month Average | 53.471 % | £64,165 | £184,165 |
| 6 Month Average | 45.607 % | £54,728 | £174,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £60,902 | £60,000 | 5 VINCE STREET |
| 21 Jul 2023 | £239,220 | £236,000 | 34 WELLINGTON ROAD |
| 2 Jun 2023 | £173,603 | £171,500 | 19 VINCE STREET |
| 24 Feb 2023 | £179,879 | £180,000 | 20 VINCE STREET |
| 15 Feb 2023 | £167,887 | £168,000 | 33 VINCE STREET |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 27 Jun 2015. Using an estimated price of £203,504 means this house is valued at £1,769 per sq meter (£164 per sq foot).
The average size of a house on WELLINGTON ROAD is 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellington Road |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Wellington Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Road |