£267,480
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Jan 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Overfield Drive
More crime details
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| Price Paid | Date |
|---|---|
| £180,000 | 15 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £180,000 results in an estimated price of approximately £267,480.
| 15 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £180,000 | £87,480 | £267,480 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 69.064 % | £124,314 | £304,314 |
| 3 Month Average | 50.317 % | £90,569 | £270,569 |
| 6 Month Average | 52.353 % | £94,235 | £274,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £339,339 | £335,000 | 14 BROCTON CLOSE |
| 8 Feb 2023 | £334,775 | £335,000 | 53 OVERFIELD DRIVE |
| 25 Jan 2023 | £338,406 | £340,000 | 39 OVERFIELD DRIVE |
| 26 Oct 2022 | £346,272 | £350,000 | 31 OVERFIELD DRIVE |
| 18 Jul 2022 | £421,134 | £420,000 | 11 BALKING CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 19 Nov 2014. Using an estimated price of £267,480 means this house is valued at £2,523 per sq meter (£234 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Overfield Drive |
| Apr 2024 | Burglary | Under investigation | On or near Hopyard Gardens |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Walling Croft |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walling Croft |
| Feb 2024 | Vehicle crime | Under investigation | On or near Babors Field |