£216,475
This estimated value is based upon the latest sale price for the house of £115,000 on 19 Nov 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 19 Nov 2004 |
| £51,950 | 6 Feb 2002 |
| £42,000 | 3 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2004 the House Price Index for WEST MIDLANDS was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £115,000 results in an estimated price of approximately £216,475.
| 19 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £115,000 | £101,475 | £216,475 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 60.972 % | £70,117 | £185,117 |
| 3 Month Average | 78.335 % | £90,084 | £205,084 |
| 6 Month Average | 81.959 % | £94,252 | £209,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £218,829 | £215,000 | 4 FORGE WAY |
| 24 Feb 2023 | £234,842 | £235,000 | 38 BUTLIN ROAD |
| 22 Feb 2023 | £199,866 | £200,000 | 10 ORTON ROAD |
| 5 Jan 2023 | £218,969 | £220,000 | 1 ORTON ROAD |
| 6 Jun 2022 | £170,408 | £168,000 | 17 DYMOND ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 Jan 2014. Using an estimated price of £216,475 means this house is valued at £3,230 per sq meter (£300 per sq foot).
The average size of a house on WHEELWRIGHT LANE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheelwright Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wheelwright Lane |
| Jan 2024 | Anti-social behaviour | On or near Wheelwright Lane | |
| Jan 2024 | Anti-social behaviour | On or near Wheelwright Lane | |
| Jan 2024 | Anti-social behaviour | On or near Wheelwright Lane |