£215,308
This estimated value is based upon the latest sale price for the house of £212,000 on 22 Mar 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£212,000 | 22 Mar 2024 |
£165,000 | 21 Feb 2020 |
£90,000 | 5 Aug 2011 |
£95,000 | 10 May 2007 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 771 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 March 2024 the House Price Index for WEST MIDLANDS was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £212,000 results in an estimated price of approximately £215,308.
22 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £212,000 | £3,308 | £215,308 |
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 | -53.862 % | £-114,186 | £97,813 |
3 Month Average | 14.368 % | £30,459 | £242,459 |
6 Month Average | -7.975 % | £-16,906 | £195,093 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £215,308 | £212,000 | 5 OAK GROVE |
7 Dec 2023 | £268,243 | £260,000 | 3 LONG MILL NORTH |
10 Nov 2023 | £194,949 | £190,000 | 9 OAK GROVE |
24 Oct 2023 | £386,785 | £378,000 | 16 LONG MILL NORTH |
3 Mar 2023 | £254,246 | £250,000 | 26 POPLAR AVENUE |
This house has a floor area of 71 sq meters or 771 sq feet when measured on 10 May 2011. Using an estimated price of £215,308 means this house is valued at £3,002 per sq meter (£278 per sq foot).
The average size of a house on OAK GROVE is 97 sq meters (1,048 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (771 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Poplar Avenue | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Long Mill North |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Mill North |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Long Mill North |
Jun 2024 | Criminal damage and arson | Offender given a caution | On or near Mills Close |