£243,079
This estimated value is based upon the latest sale price for the house of £140,000 on 14 Nov 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 14 Nov 2011 |
| £150,000 | 22 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £140,000 results in an estimated price of approximately £243,079.
| 14 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £140,000 | £103,079 | £243,079 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 42.068 % | £58,895 | £198,895 |
| 3 Month Average | 34.084 % | £47,717 | £187,717 |
| 6 Month Average | 46.667 % | £65,333 | £205,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £181,577 | £180,000 | 31 WIDDRINGTON ROAD |
| 15 Mar 2024 | £132,028 | £130,000 | 4 GENERATOR HALL ELECTRIC WHARF |
| 31 Oct 2023 | £148,370 | £145,000 | UNIT 5 EDISON BUILDINGS ELECTRIC WHARF |
| 17 Oct 2023 | £185,206 | £181,000 | APARTMENT 48 BOILER HOUSE ELECTRIC WHARF |
| 17 Feb 2023 | £179,197 | £178,000 | APARTMENT 34 BOILER HOUSE ELECTRIC WHARF |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 2 Sep 2020. Using an estimated price of £243,079 means this house is valued at £4,051 per sq meter (£376 per sq foot).
The average size of a house on ELECTRIC WHARF is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Electric Wharf |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Electric Wharf |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Electric Wharf |
| Sep 2024 | Vehicle crime | Under investigation | On or near Electric Wharf |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Electric Wharf |