£250,041
This estimated value is based upon the latest sale price for the house of £205,000 on 14 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £205,000 | 14 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £205,000 results in an estimated price of approximately £250,041.
| 14 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £205,000 | £45,041 | £250,041 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -57.313 % | £-117,491 | £87,508 |
| 3 Month Average | 6.156 % | £12,619 | £217,619 |
| 6 Month Average | 2.221 % | £4,552 | £209,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £356,233 | £350,000 | 192 COALWAY ROAD |
| 10 Mar 2023 | £254,397 | £252,000 | 2 LAUREL GROVE |
| 10 Aug 2022 | £277,254 | £278,000 | 202 COALWAY ROAD |
| 5 Aug 2022 | £252,321 | £253,000 | 101 OXBARN AVENUE |
| 7 Jun 2022 | £238,876 | £235,500 | 1B LANGLEY GARDENS |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 29 Aug 2019. Using an estimated price of £250,041 means this house is valued at £3,521 per sq meter (£327 per sq foot).
The average size of a house on OXBARN AVENUE is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Laurel Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laurel Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laurel Grove |