£288,408
This estimated value is based upon the latest sale price for the house of £215,000 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 29 Jul 2016 |
| £152,500 | 26 Mar 2015 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £215,000 results in an estimated price of approximately £288,408.
| 29 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £215,000 | £73,408 | £288,408 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 14.087 % | £30,287 | £245,287 |
| 3 Month Average | 39.727 % | £85,413 | £300,413 |
| 6 Month Average | 41.700 % | £89,655 | £304,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £268,243 | £260,000 | 26 RAKEGATE CLOSE |
| 15 Jun 2023 | £234,703 | £230,000 | 41 BEECH ROAD |
| 28 Apr 2023 | £147,764 | £145,000 | 47 BEECH ROAD |
| 17 Apr 2023 | £229,289 | £225,000 | 22 HAMPTON ROAD |
| 24 Mar 2023 | £305,095 | £300,000 | 36 RAKEGATE CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 27 Feb 2016. Using an estimated price of £288,408 means this house is valued at £2,746 per sq meter (£255 per sq foot).
The average size of a house on OXLEY MOOR ROAD is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near Beech Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Probert Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Probert Road |
| Jun 2024 | Anti-social behaviour | On or near Probert Road | |
| Jun 2024 | Anti-social behaviour | On or near Probert Road |