£99,919
This estimated value is based upon the latest sale price for the house of £65,000 on 11 Apr 2014. 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 Wyrley Road
More crime details
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| Price Paid | Date |
|---|---|
| £65,000 | 11 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 April 2014 the House Price Index for WEST MIDLANDS was 95.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.723%.Applying this 53.723% change to the original purchase price of £65,000 results in an estimated price of approximately £99,919.
| 11 Apr 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 146.7 | 53.723 % | £65,000 | £34,919 | £99,919 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 78.395 % | £50,956 | £115,956 |
| 3 Month Average | 29.225 % | £18,996 | £83,996 |
| 6 Month Average | 68.986 % | £44,840 | £109,840 |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 21 Jan 2014.
The average size of a house on MERRICK ROAD is 74 sq meters (806 sq feet).
This house is the smallest in the street with a floor area of 34 sq meters (365 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyrley Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wyrley Road |
| Feb 2024 | Other theft | Under investigation | On or near Wyrley Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyrley Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Wyrley Road |