£223,597
This estimated value is based upon the latest sale price for the house of £223,000 on 18 Jan 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £223,000 | 18 Jan 2023 |
| £175,000 | 16 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 January 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £223,000 results in an estimated price of approximately £223,597.
| 18 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £223,000 | £597 | £223,597 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -3.735 % | £-8,329 | £214,670 |
| 3 Month Average | 2.012 % | £4,487 | £227,487 |
| 6 Month Average | 2.781 % | £6,201 | £229,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £282,162 | £275,000 | 58 WHEELWRIGHT ROAD |
| 17 Oct 2023 | £201,578 | £197,000 | 75 DOWNSIDE ROAD |
| 6 Oct 2023 | £388,831 | £380,000 | 45 SHEPHERDS GREEN ROAD |
| 6 Sep 2023 | £167,697 | £164,000 | 22 ANSELL ROAD |
| 20 Jan 2023 | £257,689 | £257,000 | 54 ANSELL ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 3 Oct 2017. Using an estimated price of £223,597 means this house is valued at £1,996 per sq meter (£185 per sq foot).
The average size of a house on WHEELWRIGHT ROAD is 119 sq meters (1,290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Downside Road |
| Aug 2024 | Possession of weapons | Under investigation | On or near Shepherds Green Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Shepherds Green Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shepherds Green Road |
| Aug 2024 | Burglary | Awaiting court outcome | On or near Shepherds Green Road |