£337,664
This estimated value is based upon the latest sale price for the house of £295,000 on 16 Jul 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £295,000 | 16 Jul 2021 |
| £192,000 | 9 Jul 2013 |
| 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 July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £295,000 results in an estimated price of approximately £337,664.
| 16 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £295,000 | £42,664 | £337,664 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 22.911 % | £67,588 | £362,588 |
| 3 Month Average | -13.613 % | £-40,158 | £254,841 |
| 6 Month Average | -7.163 % | £-21,130 | £273,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £226,685 | £225,000 | 26 VICARAGE ROAD |
| 17 Jan 2023 | £289,457 | £292,000 | 2 WHEATHILL CLOSE |
| 16 Jan 2023 | £317,214 | £320,000 | 11 TRIMPLEY GARDENS |
| 19 Aug 2022 | £288,004 | £289,950 | 3 WHEATHILL CLOSE |
| 8 Jul 2022 | £514,305 | £515,000 | 62 CHURCH HILL |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 4 Mar 2013. Using an estimated price of £337,664 means this house is valued at £3,014 per sq meter (£280 per sq foot).
The average size of a house on WHEATHILL CLOSE is 126 sq meters (1,359 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wheathill Close |
| Jan 2024 | Drugs | Under investigation | On or near Wheathill Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Trimpley Gardens |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lea Manor Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Peterdale Drive |