£209,745
This estimated value is based upon the latest sale price for the house of £125,000 on 10 Jun 2013. 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 | 10 Jun 2013 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 June 2013 the House Price Index for WEST MIDLANDS was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £125,000 results in an estimated price of approximately £209,745.
10 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 149.7 | 67.796 % | £125,000 | £84,745 | £209,745 |
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 | 105.671 % | £132,088 | £257,088 |
3 Month Average | 79.796 % | £99,744 | £224,744 |
6 Month Average | 71.622 % | £89,528 | £214,528 |
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 84 sq meters or 904 sq feet when measured on 7 Feb 2012. Using an estimated price of £209,745 means this house is valued at £2,495 per sq meter (£231 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 |