£196,143
This estimated value is based upon the latest sale price for the house of £149,000 on 31 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Oregon Drive
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| Price Paid | Date |
|---|---|
| £149,000 | 31 Jan 2017 |
| Semi-Detached |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 2017 the House Price Index for WEST MIDLANDS was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £149,000 results in an estimated price of approximately £196,143.
| 31 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £149,000 | £47,143 | £196,143 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 68.874 % | £102,622 | £251,622 |
| 3 Month Average | 38.863 % | £57,906 | £206,906 |
| 6 Month Average | 47.151 % | £70,254 | £219,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £111,716 | £110,000 | 2 LILAC ROAD |
| 6 Oct 2023 | £184,183 | £180,000 | 67 WOODSIDE WAY |
| 17 Mar 2023 | £203,397 | £200,000 | 50 WOODSIDE WAY |
| 7 Oct 2022 | £397,672 | £399,000 | 59 WOOD LANE |
| 24 Jun 2022 | £291,225 | £285,000 | 59D WOOD LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 Nov 2016. Using an estimated price of £196,144 means this house is valued at £2,514 per sq meter (£233 per sq foot).
The average size of a house on WOODSIDE WAY is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Oregon Drive |
| Jul 2024 | Burglary | Under investigation | On or near Oregon Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Wood Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Lane |
| May 2024 | Criminal damage and arson | Under investigation | On or near Wood Lane |