£167,657
This estimated value is based upon the latest sale price for the house of £125,000 on 3 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 3 Aug 2016 |
| £162,000 | 2 Apr 2008 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £125,000 results in an estimated price of approximately £167,657.
| 3 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £125,000 | £42,657 | £167,657 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 65.688 % | £82,110 | £207,110 |
| 3 Month Average | 53.297 % | £66,620 | £191,620 |
| 6 Month Average | 53.921 % | £67,401 | £192,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £355,461 | £350,000 | 28 PEAK HOUSE ROAD |
| 19 Dec 2023 | £294,035 | £285,000 | 34 HIGHLAND ROAD |
| 16 Nov 2023 | £323,204 | £315,000 | 17 HIGHLAND ROAD |
| 13 Oct 2023 | £245,578 | £240,000 | 37 HIGHLAND ROAD |
| 7 Oct 2022 | £264,616 | £265,500 | 17 PEAK HOUSE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 15 Aug 2015. Using an estimated price of £167,658 means this house is valued at £1,842 per sq meter (£171 per sq foot).
The average size of a house on WILDERNESS LANE is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Gleneagles Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ravenhurst Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ravenhurst Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highland Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Highland Road |