£189,618
This estimated value is based upon the latest sale price for the house of £164,000 on 10 Dec 2020. 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 Road
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Price Paid | Date |
---|---|
£164,000 | 10 Dec 2020 |
£125,000 | 27 Apr 2017 |
£123,500 | 29 May 2008 |
£112,000 | 15 Jan 2004 |
£112,000 | 15 Jan 2004 |
£79,995 | 7 Jun 2002 |
£57,950 | 26 May 2000 |
£51,000 | 14 May 1999 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £164,000 results in an estimated price of approximately £189,618.
10 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £164,000 | £25,618 | £189,618 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 4.953 % | £8,122 | £172,122 |
3 Month Average | 10.836 % | £17,771 | £181,771 |
6 Month Average | 19.402 % | £31,819 | £195,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £242,450 | £235,000 | 79 NOOSE LANE |
10 Nov 2023 | £234,964 | £229,000 | 98B NOOSE LANE |
25 Oct 2023 | £269,112 | £263,000 | 61 NOOSE LANE |
11 Sep 2023 | £953,216 | £932,203 | 161 ASTON ROAD |
25 Aug 2023 | £483,724 | £475,000 | 6 BEECH ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Sep 2016. Using an estimated price of £189,618 means this house is valued at £2,562 per sq meter (£238 per sq foot).
The average size of a house on OAK ROAD is 94 sq meters (1,014 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Oak Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Oak Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tarn Close |