£330,166
This estimated value is based upon the latest sale price for the house of £83,000 on 17 Dec 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £83,000 | 17 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 December 1999 the House Price Index for WEST MIDLANDS was 36.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 297.791%.Applying this 297.791% change to the original purchase price of £83,000 results in an estimated price of approximately £330,166.
| 17 Dec 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 146.7 | 297.791 % | £83,000 | £247,166 | £330,166 |
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 | 230.584 % | £191,384 | £274,384 |
| 3 Month Average | 212.245 % | £176,163 | £259,163 |
| 6 Month Average | 215.880 % | £179,180 | £262,180 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Feb 2014.
The average size of a house on WICHNOR ROAD is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birchley Rise |
| Dec 2023 | Robbery | Under investigation | On or near Birchley Rise |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birchley Rise |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hanson Grove |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wagon Lane |