£167,050
This estimated value is based upon the latest sale price for the house of £80,950 on 5 Mar 2004. 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 Wyrley Road
More crime details
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Price Paid | Date |
---|---|
£80,950 | 5 Mar 2004 |
£46,000 | 12 Apr 2001 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 734 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 2004 the House Price Index for WEST MIDLANDS was 71.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 106.362%.Applying this 106.362% change to the original purchase price of £80,950 results in an estimated price of approximately £167,050.
5 Mar 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 146.7 | 106.362 % | £80,950 | £86,100 | £167,050 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 129.271 % | £104,644 | £185,594 |
3 Month Average | 53.108 % | £42,991 | £123,941 |
6 Month Average | 106.244 % | £86,004 | £166,954 |
This house has a floor area of 68 sq meters or 734 sq feet when measured on 27 Apr 2009.
The average size of a house on MERRICK ROAD is 74 sq meters (806 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyrley Road |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wyrley Road |
Feb 2024 | Other theft | Under investigation | On or near Wyrley Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyrley Road |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Wyrley Road |