£198,433
This estimated value is based upon the latest sale price for the house of £35,250 on 31 May 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £35,250 | 31 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 May 1995 the House Price Index for WEST MIDLANDS was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 462.931%.Applying this 462.931% change to the original purchase price of £35,250 results in an estimated price of approximately £198,433.
| 31 May 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 462.931 % | £35,250 | £163,183 | £198,433 |
The Postcode Pricing Model uses changes in average sales price within the B19 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 | 783.128 % | £276,052 | £311,302 |
| 3 Month Average | 520.772 % | £183,572 | £218,822 |
| 6 Month Average | 528.979 % | £186,465 | £221,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £192,330 | £190,000 | 8 GUNMAKERS WALK |
| 20 Apr 2023 | £136,469 | £135,000 | 1 OLD POSTWAY |
| 17 Jan 2023 | £54,742 | £55,000 | 56B LOZELLS ROAD |
| 17 Jan 2023 | £124,414 | £125,000 | 56C LOZELLS ROAD |
| 17 Jan 2023 | £149,297 | £150,000 | 56 LOZELLS ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 12 Sep 2021. Using an estimated price of £198,433 means this house is valued at £3,968 per sq meter (£368 per sq foot).
The average size of a house on WHEELER STREET is 99 sq meters (1,071 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Old Postway |
| Jan 2024 | Other crime | Awaiting court outcome | On or near Old Postway |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gunmakers Walk |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunmakers Walk |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunmakers Walk |