£218,904
This estimated value is based upon the latest sale price for the house of £140,000 on 18 Dec 2007. 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 | 18 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £140,000 results in an estimated price of approximately £218,904.
| 18 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £140,000 | £78,904 | £218,904 |
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 | 50.459 % | £70,642 | £210,642 |
| 3 Month Average | 38.222 % | £53,511 | £193,511 |
| 6 Month Average | 42.248 % | £59,147 | £199,147 |
| 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 45 sq meters or 484 sq feet when measured on 13 Jul 2017. Using an estimated price of £218,904 means this house is valued at £4,864 per sq meter (£451 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 | 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 | 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 |