£363,174
This estimated value is based upon the latest sale price for the house of £247,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £247,000 | 1 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £247,000 results in an estimated price of approximately £363,174.
| 1 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £247,000 | £116,174 | £363,174 |
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 | 37.988 % | £93,829 | £340,829 |
| 3 Month Average | 67.196 % | £165,973 | £412,973 |
| 6 Month Average | 53.246 % | £131,518 | £378,518 |
| 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 121 sq meters or 1,302 sq feet when measured on 9 Oct 2018. Using an estimated price of £363,175 means this house is valued at £3,001 per sq meter (£278 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 |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wagon Lane |