£272,522
This estimated value is based upon the latest sale price for the house of £254,000 on 7 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £254,000 | 7 Jun 2021 |
| Semi-Detached |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £254,000 results in an estimated price of approximately £272,522.
| 7 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £254,000 | £18,522 | £272,522 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | -21.780 % | £-55,322 | £198,677 |
| 3 Month Average | -20.471 % | £-51,996 | £202,003 |
| 6 Month Average | -9.239 % | £-23,467 | £230,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £328,091 | £325,000 | 22 WREKIN DRIVE |
| 3 Feb 2023 | £374,748 | £375,000 | 21 LANGDALE WAY |
| 6 Oct 2022 | £380,899 | £385,000 | 39 BRACKENDALE WAY |
| 26 Aug 2022 | £274,262 | £275,000 | 79 GRANGE LANE |
| 19 Jul 2022 | £175,472 | £175,000 | 58 GRANGE LANE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 2 Feb 2021. Using an estimated price of £272,523 means this house is valued at £2,433 per sq meter (£226 per sq foot).
The average size of a house on WREKIN DRIVE is 129 sq meters (1,390 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Croftwood Road | |
| Dec 2023 | Anti-social behaviour | On or near Croftwood Road | |
| Dec 2023 | Anti-social behaviour | On or near Croftwood Road | |
| Dec 2023 | Anti-social behaviour | On or near Croftwood Road | |
| Mar 2024 | Burglary | Under investigation | On or near Brackendale Way |