£171,487
This estimated value is based upon the latest sale price for the house of £115,000 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 7 Nov 2014 |
| £44,000 | 6 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 November 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.120%.Applying this 49.120% change to the original purchase price of £115,000 results in an estimated price of approximately £171,487.
| 7 Nov 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.0 | 49.120 % | £115,000 | £56,487 | £171,487 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 48.252 % | £55,489 | £170,489 |
| 3 Month Average | 43.894 % | £50,477 | £165,477 |
| 6 Month Average | 55.104 % | £63,369 | £178,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £166,010 | £165,000 | 32 ALLIANCE WAY |
| 20 Apr 2023 | £181,348 | £180,000 | 16 BARTONS MEADOW |
| 1 Mar 2023 | £182,989 | £182,000 | 12 ALLIANCE WAY |
| 6 Oct 2022 | £168,003 | £170,500 | 31 BARTONS MEADOW |
| 10 Jun 2022 | £151,536 | £150,000 | 20 ALLIANCE WAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 8 Nov 2013. Using an estimated price of £171,488 means this house is valued at £2,041 per sq meter (£189 per sq foot).
The average size of a house on WYKEN WAY is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wyken Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyken Way |
| Apr 2024 | Anti-social behaviour | On or near Common Way | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Common Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Common Way |