£403,671
This estimated value is based upon the latest sale price for the house of £180,995 on 17 Oct 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,995 | 17 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2003 the House Price Index for WEST MIDLANDS was 66.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 123.029%.Applying this 123.029% change to the original purchase price of £180,995 results in an estimated price of approximately £403,671.
| 17 Oct 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.0 | 123.029 % | £180,995 | £222,676 | £403,671 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 184.052 % | £333,124 | £514,119 |
| 3 Month Average | 103.964 % | £188,170 | £369,165 |
| 6 Month Average | 87.710 % | £158,749 | £339,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £296,810 | £293,000 | 31 ST MICHAELS ROAD |
| 17 Nov 2023 | £329,227 | £325,000 | 1E COFIELD ROAD |
| 4 Aug 2023 | £311,897 | £310,000 | 2A ST MICHAELS ROAD |
| 26 Oct 2022 | £384,288 | £390,000 | 23 ST MICHAELS ROAD |
| 14 Jun 2022 | £348,532 | £345,000 | 5 COFIELD ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 21 Sep 2016. Using an estimated price of £403,672 means this house is valued at £4,693 per sq meter (£436 per sq foot).
The average size of a house on WEDMORE ROAD is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedmore Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Michael'S Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Michael'S Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near St Michael'S Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cofield Road |