£244,913
This estimated value is based upon the latest sale price for the house of £53,950 on 29 Jan 1999. 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 Oak Grove
More crime details
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| Price Paid | Date |
|---|---|
| £53,950 | 29 Jan 1999 |
| Semi-Detached |
| Freehold |
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 1999 the House Price Index for WEST MIDLANDS was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £53,950 results in an estimated price of approximately £244,913.
| 29 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 148.6 | 353.964 % | £53,950 | £190,963 | £244,913 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 204.862 % | £110,522 | £164,472 |
| 3 Month Average | 240.768 % | £129,894 | £183,844 |
| 6 Month Average | 295.012 % | £159,158 | £213,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £177,630 | £175,000 | 14 ELM AVENUE |
| 18 Aug 2023 | £236,065 | £234,000 | 109 MILL LANE |
| 3 Mar 2023 | £252,378 | £250,000 | 26 POPLAR AVENUE |
| 2 Feb 2023 | £274,815 | £275,000 | 112 MILL LANE |
| 9 Jan 2023 | £228,922 | £230,000 | 99 MILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Oak Grove |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elm Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mullett Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Knowle Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Knowle Lane |