£90,036
This estimated value is based upon the latest sale price for the house of £73,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £73,000 | 12 Jul 2019 |
| Freehold |
| Floor Area: 48 sq meters or 516 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £73,000 results in an estimated price of approximately £90,036.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £73,000 | £17,036 | £90,036 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 48.590 % | £35,470 | £108,470 |
| 3 Month Average | 34.147 % | £24,927 | £97,927 |
| 6 Month Average | 30.217 % | £22,058 | £95,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £452,371 | £447,500 | 2 THOMPSON CLOSE |
| 5 Sep 2022 | £146,814 | £148,000 | 1 TEMPLE BAR |
| 18 May 2022 | £231,359 | £227,000 | 27 THOMPSON CLOSE |
| 11 Mar 2022 | £167,874 | £162,000 | 10 BLOOM CLOSE |
| 8 Mar 2022 | £213,470 | £206,000 | 14A BLOXWICH ROAD SOUTH |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 26 Jun 2019. Using an estimated price of £90,036 means this house is valued at £1,875 per sq meter (£174 per sq foot).
The average size of a house on WEDNESFIELD ROAD is 109 sq meters (1,173 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Calves Croft |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Clothier Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wednesfield Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wednesfield Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wednesfield Road |