£1,418,740
This estimated value is based upon the latest sale price for the house of £930,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £930,000 | 29 Aug 2014 |
| £280,000 | 22 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 257 sq meters or 2,773 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 August 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £930,000 results in an estimated price of approximately £1,418,740.
| 29 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £930,000 | £488,740 | £1,418,740 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 10.940 % | £101,742 | £1,031,742 |
| 3 Month Average | 24.785 % | £230,503 | £1,160,503 |
| 6 Month Average | 29.733 % | £276,513 | £1,206,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £716,974 | £705,000 | 82A WROTTESLEY ROAD |
| 14 Oct 2022 | £498,336 | £500,000 | 49 WROTTESLEY ROAD |
| 8 Apr 2022 | £544,647 | £525,000 | 27 WROTTESLEY ROAD |
| 16 Sep 2021 | £537,357 | £495,000 | 17 BIRCHFIELD AVENUE |
| 29 Jun 2021 | £832,267 | £770,000 | 51 WERGS ROAD |
This house has a floor area of 257 sq meters or 2,773 sq feet when measured on 30 Mar 2012. Using an estimated price of £1,418,741 means this house is valued at £5,505 per sq meter (£511 per sq foot).
The average size of a house on WERGS ROAD is 204 sq meters (2,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Birchfield Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nethy Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nethy Drive |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Nethy Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Nethy Drive |