£179,375
This estimated value is based upon the latest sale price for the house of £140,000 on 14 Jun 2017. 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 | 14 Jun 2017 |
| £268,000 | 13 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £140,000 results in an estimated price of approximately £179,375.
| 14 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £140,000 | £39,375 | £179,375 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 14.279 % | £19,990 | £159,990 |
| 3 Month Average | 34.340 % | £48,075 | £188,075 |
| 6 Month Average | 36.380 % | £50,931 | £190,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £401,129 | £396,000 | 17 OLLERTON ROAD |
| 28 Feb 2023 | £99,933 | £100,000 | 78 ORCHARD RISE |
| 9 Sep 2022 | £95,231 | £96,000 | 47 ORCHARD RISE |
| 5 Aug 2022 | £119,628 | £119,950 | 43 ARDEN DRIVE |
| 22 Jul 2022 | £70,189 | £70,000 | 47 ARDEN DRIVE |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 27 May 2017. Using an estimated price of £179,376 means this house is valued at £1,290 per sq meter (£119 per sq foot).
The average size of a house on OLLERTON ROAD is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Ollerton Road |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Arden Drive |
| Mar 2024 | Possession of weapons | Under investigation | On or near Arden Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arden Drive |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Orchard Rise |