£251,082
This estimated value is based upon the latest sale price for the house of £145,000 on 5 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 5 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 January 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £145,000 results in an estimated price of approximately £251,082.
| 5 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £145,000 | £106,082 | £251,082 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 30.240 % | £43,848 | £188,848 |
| 3 Month Average | 77.187 % | £111,921 | £256,921 |
| 6 Month Average | 66.658 % | £96,654 | £241,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2024 | £425,000 | £425,000 | 19 HAINFIELD DRIVE |
| 20 Dec 2023 | £348,715 | £338,000 | 40 LUGTROUT LANE |
| 13 Nov 2023 | £410,418 | £400,000 | 109 DAMSON LANE |
| 22 Sep 2023 | £383,453 | £375,000 | 54 WHERRETTS WELL LANE |
| 21 Jul 2022 | £358,593 | £355,000 | 42 LUGTROUT LANE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 1 Oct 2021. Using an estimated price of £251,082 means this house is valued at £4,483 per sq meter (£416 per sq foot).
The average size of a house on WHERRETTS WELL LANE is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wherretts Well Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wherretts Well Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hainfield Drive |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bourne Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bourne Close |