£148,497
This estimated value is based upon the latest sale price for the house of £100,000 on 2 Mar 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £100,000 | 2 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 March 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £100,000 results in an estimated price of approximately £148,497.
| 2 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £100,000 | £48,497 | £148,497 |
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 | 79.021 % | £79,020 | £179,020 |
| 3 Month Average | 75.242 % | £75,242 | £175,242 |
| 6 Month Average | 72.710 % | £72,709 | £172,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £61,563 | £60,000 | 5 VINCE STREET |
| 10 Nov 2023 | £174,428 | £170,000 | 26 DALE STREET |
| 2 Jun 2023 | £175,007 | £171,500 | 19 VINCE STREET |
| 24 Feb 2023 | £181,210 | £180,000 | 20 VINCE STREET |
| 15 Feb 2023 | £169,130 | £168,000 | 33 VINCE STREET |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 12 Jun 2014. Using an estimated price of £148,498 means this house is valued at £1,237 per sq meter (£114 per sq foot).
The average size of a house on WELLINGTON ROAD is 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Wellington Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellington Road |
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Dale Street |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Dale Street |
| Oct 2024 | Other theft | Under investigation | On or near Vince Street |