£250,630
This estimated value is based upon the latest sale price for the house of £200,000 on 8 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 8 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £200,000 results in an estimated price of approximately £250,630.
| 8 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £200,000 | £50,630 | £250,630 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 68.618 % | £137,236 | £337,236 |
| 3 Month Average | 30.422 % | £60,843 | £260,843 |
| 6 Month Average | 25.212 % | £50,424 | £250,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £233,139 | £228,000 | 8 RACHEL GARDENS |
| 24 Feb 2023 | £276,849 | £275,000 | 54 WELLMAN CROFT |
| 17 Feb 2023 | £16,359 | £16,250 | 70 WELLMAN CROFT |
| 2 Feb 2023 | £229,533 | £228,000 | 28 RACHEL GARDENS |
| 16 Apr 2022 | £259,355 | £250,000 | 3 PEGASUS WALK |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 29 Jan 2018. Using an estimated price of £250,630 means this house is valued at £2,784 per sq meter (£258 per sq foot).
The average size of a house on WELLMAN CROFT is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fladbury Place |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fladbury Place |
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Fladbury Place |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fladbury Place |
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near Fladbury Place |