£354,826
This estimated value is based upon the latest sale price for the house of £279,950 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £279,950 | 29 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £279,950 results in an estimated price of approximately £354,826.
| 29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £279,950 | £74,876 | £354,826 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -39.184 % | £-109,696 | £170,253 |
| 3 Month Average | 17.093 % | £47,850 | £327,800 |
| 6 Month Average | 20.116 % | £56,315 | £336,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £124,173 | £122,000 | FLAT 15 BROMFORD HOUSE JOCKEY ROAD |
| 11 Dec 2023 | £600,507 | £590,000 | 34 BRAEMAR ROAD |
| 15 Jun 2023 | £136,655 | £135,000 | FLAT 12 BROMFORD HOUSE JOCKEY ROAD |
| 1 Aug 2022 | £428,846 | £430,000 | 18 WAKEFIELD CLOSE |
| 1 Jul 2022 | £526,417 | £525,000 | 30 BRAEMAR ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 17 May 2017. Using an estimated price of £354,827 means this house is valued at £2,772 per sq meter (£257 per sq foot).
The average size of a house on WAKEFIELD CLOSE is 111 sq meters (1,199 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakefield Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakefield Close |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Wakefield Close |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Wakefield Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gate Lane |