£163,185
This estimated value is based upon the latest sale price for the house of £128,000 on 20 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been three burglaries within the last year on or near Oaken Drive
More crime details
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Price Paid | Date |
---|---|
£128,000 | 20 Jul 2017 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £128,000 results in an estimated price of approximately £163,185.
20 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £128,000 | £35,185 | £163,185 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 58.583 % | £74,986 | £202,986 |
3 Month Average | 40.495 % | £51,833 | £179,833 |
6 Month Average | 24.616 % | £31,508 | £159,508 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £110,000 | £110,000 | 2 LILAC ROAD |
10 Nov 2023 | £274,057 | £270,000 | 13 WOOD LANE |
8 Sep 2023 | £202,590 | £200,000 | 20 WOODSIDE WAY |
21 Jul 2023 | £248,342 | £245,000 | 17 WOODSIDE WAY |
23 Jun 2023 | £233,832 | £231,000 | 12 LINDEN LANE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 11 Feb 2016. Using an estimated price of £163,186 means this house is valued at £2,549 per sq meter (£236 per sq foot).
There is one other house on the street which we know the size of, this is 3 MYRTLE CLOSE it is 71.96
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Oaken Drive |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Oaken Drive |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Oaken Drive |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Oaken Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oaken Drive |