£143,208
This estimated value is based upon the latest sale price for the house of £115,000 on 2 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 2 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £115,000 results in an estimated price of approximately £143,208.
| 2 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £115,000 | £28,208 | £143,208 |
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 | 36.478 % | £41,949 | £156,949 |
| 3 Month Average | 27.972 % | £32,168 | £147,168 |
| 6 Month Average | 32.572 % | £37,457 | £152,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £172,653 | £170,000 | 1 WOODSIDE WAY |
| 10 Nov 2023 | £277,032 | £270,000 | 13 WOOD LANE |
| 27 Oct 2023 | £281,391 | £275,000 | 27 WOOD LANE |
| 8 Sep 2023 | £204,508 | £200,000 | 20 WOODSIDE WAY |
| 23 Jun 2023 | £235,724 | £231,000 | 12 LINDEN LANE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 1 Oct 2013. Using an estimated price of £143,208 means this house is valued at £1,203 per sq meter (£111 per sq foot).
The average size of a house on OAKEN DRIVE is 103 sq meters (1,109 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Local resolution | On or near Oaken Drive |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Oaken Drive |
| Jul 2024 | Anti-social behaviour | On or near Linden Lane | |
| Jun 2024 | Anti-social behaviour | On or near Linden Lane | |
| Jun 2024 | Anti-social behaviour | On or near Linden Lane |