£145,207
This estimated value is based upon the latest sale price for the house of £58,000 on 4 Dec 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Ketley Drive
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| Price Paid | Date |
|---|---|
| £58,000 | 4 Dec 2002 |
| £20,000 | 5 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2002 the House Price Index for WEST MIDLANDS was 58.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 150.357%.Applying this 150.357% change to the original purchase price of £58,000 results in an estimated price of approximately £145,207.
| 4 Dec 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 146.7 | 150.357 % | £58,000 | £87,207 | £145,207 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 79.582 % | £46,157 | £104,157 |
| 3 Month Average | 129.159 % | £74,912 | £132,912 |
| 6 Month Average | 144.598 % | £83,866 | £141,866 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 Dec 2014.
The average size of a house on WELLINGTON ROAD is 125 sq meters (1,352 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Ketley Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ketley Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bulger Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bulger Road |
| Dec 2023 | Drugs | Local resolution | On or near Lawley Road |