£168,838
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Oct 2015. 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 Wattis Road
More crime details
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| Price Paid | Date |
|---|---|
| £120,000 | 23 Oct 2015 |
| £122,500 | 27 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £120,000 results in an estimated price of approximately £168,838.
| 23 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £120,000 | £48,838 | £168,838 |
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 | 36.167 % | £43,400 | £163,400 |
| 3 Month Average | 21.159 % | £25,390 | £145,390 |
| 6 Month Average | 40.393 % | £48,471 | £168,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £197,000 | £197,000 | 4 WATTIS ROAD |
| 21 Dec 2023 | £132,315 | £130,000 | 41 WATTIS ROAD |
| 21 Jul 2023 | £101,364 | £100,000 | 3 THREE SHIRES OAK ROAD |
| 28 Oct 2022 | £106,850 | £108,000 | 27 LIGHTWOODS ROAD |
| 22 Jul 2022 | £155,418 | £155,000 | 195 LIGHTWOODS ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 17 Jan 2013. Using an estimated price of £168,839 means this house is valued at £2,312 per sq meter (£214 per sq foot).
The average size of a house on WATTIS ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wattis Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wattis Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wattis Road |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Wattis Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wattis Road |