£143,066
This estimated value is based upon the latest sale price for the house of £125,000 on 24 Nov 2020. 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 Wellesley Road
More crime details
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| Price Paid | Date |
|---|---|
| £125,000 | 24 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 November 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £125,000 results in an estimated price of approximately £143,066.
| 24 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 146.7 | 14.453 % | £125,000 | £18,066 | £143,066 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 8.729 % | £10,911 | £135,911 |
| 3 Month Average | -6.913 % | £-8,641 | £116,358 |
| 6 Month Average | 14.492 % | £18,114 | £143,114 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 May 2020.
The average size of a house on WELLESLEY ROAD is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wellesley Road |
| Feb 2024 | Burglary | Under investigation | On or near Wellesley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shirley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shirley Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Shirley Road |