£119,877
This estimated value is based upon the latest sale price for the house of £97,000 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £97,000 | 19 Dec 2019 |
| £109,000 | 28 Jan 2005 |
| £58,000 | 13 Sep 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £97,000 results in an estimated price of approximately £119,877.
| 19 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £97,000 | £22,877 | £119,877 |
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 | -13.088 % | £-12,695 | £84,304 |
| 3 Month Average | 4.068 % | £3,946 | £100,946 |
| 6 Month Average | 3.565 % | £3,457 | £100,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £100,000 | £100,000 | FLAT 15 EURO COURT, 88 WAKE GREEN ROAD |
| 31 Mar 2023 | £109,326 | £107,500 | FLAT 5 BLOCK C WAKEFIELD COURT, 90 WAKE GREEN ROAD |
| 31 Mar 2023 | £154,073 | £151,500 | B4 WAKEFIELD COURT |
| 17 Jan 2023 | £82,220 | £82,000 | FLAT 18 PICKWICK CLOSE, 92 WAKE GREEN ROAD |
| 18 Nov 2022 | £378,231 | £380,000 | 47 HAYFIELD ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 21 Jun 2019. Using an estimated price of £119,877 means this house is valued at £2,550 per sq meter (£236 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 |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Hayfield Gardens |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hayfield Court |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Vale |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Vale |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Vale |