£240,577
This estimated value is based upon the latest sale price for the house of £159,500 on 28 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 |
|---|---|
| £159,500 | 28 Nov 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £159,500 results in an estimated price of approximately £240,577.
| 28 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £159,500 | £81,077 | £240,577 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | 1.696 % | £2,705 | £162,205 |
| 3 Month Average | 26.688 % | £42,566 | £202,066 |
| 6 Month Average | 33.455 % | £53,361 | £212,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £77,378 | £75,000 | FLAT 5 SORRENTO COURT WAKE GREEN ROAD |
| 20 Oct 2023 | £225,113 | £220,000 | 17 WAKE GREEN ROAD |
| 27 Jun 2023 | £139,802 | £137,000 | APARTMENT 7 LORNE COURT, 6 SCHOOL ROAD |
| 26 Sep 2022 | £79,947 | £80,000 | FLAT 9 SORRENTO COURT WAKE GREEN ROAD |
| 24 Aug 2022 | £60,282 | £60,000 | FLAT 17 SORRENTO COURT WAKE GREEN ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 5 Sep 2014. Using an estimated price of £240,578 means this house is valued at £2,614 per sq meter (£242 per sq foot).
The average size of a house on WAKE GREEN ROAD is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lench'S Close |
| Aug 2024 | Anti-social behaviour | On or near Lench'S Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lench'S Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lench'S Close |
| Aug 2024 | Anti-social behaviour | On or near Lench'S Close |