£198,549
This estimated value is based upon the latest sale price for the house of £170,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£170,000 | 20 Nov 2020 |
£92,000 | 30 Sep 2005 |
Semi-Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 November 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £170,000 results in an estimated price of approximately £198,549.
20 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £170,000 | £28,549 | £198,549 |
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 | 31.838 % | £54,125 | £224,125 |
3 Month Average | 21.640 % | £36,788 | £206,788 |
6 Month Average | 22.672 % | £38,542 | £208,542 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £219,967 | £216,000 | 28 BEACH ROAD |
24 Oct 2022 | £194,351 | £195,000 | 21 CHERRYWOOD GREEN |
27 May 2022 | £211,767 | £206,250 | 27 CHERRYWOOD GREEN |
26 May 2022 | £133,477 | £130,000 | 48 FAIRWAY GREEN |
25 Apr 2022 | £186,736 | £180,000 | 174 GREEN LANES |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 22 Jun 2020. Using an estimated price of £198,549 means this house is valued at £1,654 per sq meter (£153 per sq foot).
The average size of a house on OAKLANDS GREEN is 106 sq meters (1,150 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oaklands Green |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairway Green |
Apr 2024 | Anti-social behaviour | On or near Green Park Drive | |
Apr 2024 | Anti-social behaviour | On or near Green Park Drive | |
Apr 2024 | Anti-social behaviour | On or near Green Park Drive |