£118,669
This estimated value is based upon the latest sale price for the house of £96,000 on 10 May 2019. 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 Wednesfield Road
More crime details
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| Price Paid | Date |
|---|---|
| £96,000 | 10 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £96,000 results in an estimated price of approximately £118,669.
| 10 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £96,000 | £22,669 | £118,669 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 101.536 % | £97,474 | £193,474 |
| 3 Month Average | 56.181 % | £53,933 | £149,933 |
| 6 Month Average | 38.683 % | £37,136 | £133,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £135,000 | £135,000 | 130 THORNE ROAD |
| 17 Apr 2023 | £165,785 | £164,000 | 49 WEBSTER ROAD |
| 14 Apr 2023 | £452,371 | £447,500 | 2 THOMPSON CLOSE |
| 15 Jul 2022 | £117,817 | £117,500 | 73 WEBSTER ROAD |
| 18 May 2022 | £231,359 | £227,000 | 27 THOMPSON CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 1 Nov 2018. Using an estimated price of £118,669 means this house is valued at £1,447 per sq meter (£134 per sq foot).
The average size of a house on WEDNESFIELD ROAD is 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wednesfield Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wednesfield Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wednesfield Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wednesfield Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wednesfield Road |