£85,646
This estimated value is based upon the latest sale price for the house of £64,000 on 1 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £64,000 | 1 Sep 2016 |
| £73,500 | 29 Mar 2010 |
| £64,450 | 20 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 September 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £64,000 results in an estimated price of approximately £85,646.
| 1 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £64,000 | £21,646 | £85,646 |
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 | 61.342 % | £39,259 | £103,259 |
| 3 Month Average | 19.526 % | £12,496 | £76,496 |
| 6 Month Average | 26.411 % | £16,902 | £80,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £77,378 | £75,000 | FLAT 5 SORRENTO COURT WAKE GREEN ROAD |
| 17 Nov 2023 | £524,309 | £511,000 | 29 OAK LEAF DRIVE |
| 20 Oct 2023 | £225,113 | £220,000 | 17 WAKE GREEN ROAD |
| 3 Feb 2023 | £188,006 | £186,750 | FLAT 4 FOREST COURT, 18 FOREST ROAD |
| 26 Sep 2022 | £79,947 | £80,000 | FLAT 9 SORRENTO COURT WAKE GREEN ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 4 Aug 2014. Using an estimated price of £85,646 means this house is valued at £1,747 per sq meter (£162 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 | 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 | Criminal damage and arson | Unable to prosecute suspect | On or near Lench'S Close |
| Aug 2024 | Anti-social behaviour | On or near Lench'S Close |