£212,763
This estimated value is based upon the latest sale price for the house of £124,000 on 19 Feb 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £124,000 | 19 Feb 2010 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 795 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 February 2010 the House Price Index for WEST MIDLANDS was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £124,000 results in an estimated price of approximately £212,763.
| 19 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.583 % | £124,000 | £88,763 | £212,763 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 47.158 % | £58,475 | £182,475 |
| 3 Month Average | 79.638 % | £98,750 | £222,750 |
| 6 Month Average | 94.988 % | £117,785 | £241,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £180,000 | £180,000 | 109 OLD OAK ROAD |
| 3 Apr 2024 | £269,843 | £267,500 | 19 HIGH MEADOW ROAD |
| 1 Aug 2023 | £206,729 | £203,000 | 91 OLD OAK ROAD |
| 14 Jul 2022 | £234,348 | £232,000 | 86 OLD OAK ROAD |
| 13 May 2022 | £231,019 | £225,000 | 4 HILL BANK ROAD |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 19 Jul 2009. Using an estimated price of £212,763 means this house is valued at £2,879 per sq meter (£267 per sq foot).
The average size of a house on OLD OAK ROAD is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Unable to prosecute suspect | On or near Hill Bank Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Old Oak Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Oak Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Oak Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near High Meadow Road |