£870,252
This estimated value is based upon the latest sale price for the house of £170,000 on 17 Jul 1997. 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 | 17 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 July 1997 the House Price Index for WEST MIDLANDS was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £170,000 results in an estimated price of approximately £870,252.
| 17 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £170,000 | £700,252 | £870,252 |
The Postcode Pricing Model uses changes in average sales price within the CV8 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 | 301.306 % | £512,220 | £682,220 |
| 3 Month Average | 357.802 % | £608,262 | £778,262 |
| 6 Month Average | 332.867 % | £565,874 | £735,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £938,831 | £915,000 | FERNHILL VIEW FERNHILL LANE |
| 20 Oct 2023 | £434,877 | £425,000 | 10 OAKLEY |
| 5 Oct 2023 | £1,105,099 | £1,080,000 | BROOKFIELD OLDWICH LANE WEST |
| 1 Sep 2023 | £276,086 | £270,000 | 11 THE BARNS OLDWICH LANE WEST |
| 7 Aug 2023 | £342,171 | £336,000 | 3 OLDWICH LANE EAST |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 5 Feb 2015. Using an estimated price of £870,252 means this house is valued at £5,242 per sq meter (£487 per sq foot).
The average size of a house on OLDWICH LANE EAST is 210 sq meters (2,265 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakley |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakley |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakley |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakley |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |