£388,300
This estimated value is based upon the latest sale price for the house of £380,000 on 23 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £380,000 | 23 Jun 2022 |
| £240,000 | 28 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £380,000 results in an estimated price of approximately £388,300.
| 23 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £380,000 | £8,300 | £388,300 |
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 | 38.570 % | £146,564 | £526,564 |
| 3 Month Average | 17.714 % | £67,314 | £447,314 |
| 6 Month Average | 13.429 % | £51,032 | £431,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £229,884 | £229,884 | 38 THURLSTON AVENUE |
| 22 May 2024 | £435,000 | £435,000 | 58 WELLS GREEN ROAD |
| 26 Apr 2023 | £305,718 | £300,000 | 45 WELLS GREEN ROAD |
| 2 Jul 2022 | £341,421 | £338,000 | 27 KESWICK ROAD |
| 23 Jun 2022 | £388,300 | £380,000 | 65 WELLS GREEN ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 20 Sep 2021. Using an estimated price of £388,300 means this house is valued at £3,883 per sq meter (£360 per sq foot).
The average size of a house on WELLS GREEN ROAD is 113 sq meters (1,219 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Keswick Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keswick Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Coverdale Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Coverdale Road |
| Sep 2024 | Drugs | Local resolution | On or near Parking Area |