£220,291
This estimated value is based upon the latest sale price for the house of £127,500 on 5 Sep 2011. 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 |
---|---|
£127,500 | 5 Sep 2011 |
£87,995 | 12 Sep 2002 |
£77,500 | 8 Feb 2002 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 949 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 September 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £127,500 results in an estimated price of approximately £220,291.
5 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £127,500 | £92,791 | £220,291 |
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 | 49.030 % | £62,512 | £190,012 |
3 Month Average | 55.355 % | £70,577 | £198,077 |
6 Month Average | 66.700 % | £85,042 | £212,542 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £264,630 | £260,000 | 3 LONG MILL NORTH |
30 Nov 2023 | £177,630 | £175,000 | 14 ELM AVENUE |
10 Nov 2023 | £192,855 | £190,000 | 9 OAK GROVE |
18 Aug 2023 | £236,065 | £234,000 | 109 MILL LANE |
3 Mar 2023 | £252,378 | £250,000 | 26 POPLAR AVENUE |
This house has a floor area of 88 sq meters or 949 sq feet when measured on 23 May 2011. Using an estimated price of £220,292 means this house is valued at £2,497 per sq meter (£232 per sq foot).
The average size of a house on POPLAR AVENUE is 95 sq meters (1,033 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Oak Grove |
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 |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Long Knowle Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Long Knowle Lane |