£321,236
This estimated value is based upon the latest sale price for the house of £260,000 on 8 Nov 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 Wharton Avenue
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| Price Paid | Date |
|---|---|
| £260,000 | 8 Nov 2019 |
| Terraced |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £260,000 results in an estimated price of approximately £321,236.
| 8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £260,000 | £61,236 | £321,236 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 42.905 % | £111,551 | £371,551 |
| 3 Month Average | 12.542 % | £32,608 | £292,608 |
| 6 Month Average | 3.070 % | £7,982 | £267,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £315,000 | £315,000 | 20 WHARTON AVENUE |
| 1 Dec 2023 | £340,462 | £330,000 | 103 FOREDROVE LANE |
| 9 Jun 2023 | £428,589 | £420,000 | 197 DAMSON LANE |
| 24 Feb 2023 | £334,233 | £332,000 | 183 DAMSON LANE |
| 9 Nov 2022 | £388,185 | £390,000 | 51 WHARTON AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Aug 2019. Using an estimated price of £321,236 means this house is valued at £4,015 per sq meter (£373 per sq foot).
The average size of a house on WHARTON AVENUE is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Unable to prosecute suspect | On or near Wharton Avenue |
| Apr 2024 | Anti-social behaviour | On or near Wharton Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Wharton Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Wharton Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Wharton Avenue |