£522,735
This estimated value is based upon the latest sale price for the house of £387,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £387,000 | 31 Mar 2016 |
| 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £387,000 results in an estimated price of approximately £522,735.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £387,000 | £135,735 | £522,735 |
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 | -29.229 % | £-113,115 | £273,884 |
| 3 Month Average | 4.515 % | £17,473 | £404,473 |
| 6 Month Average | 13.384 % | £51,797 | £438,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £338,965 | £336,000 | 3 OLDWICH LANE EAST |
| 27 Jun 2023 | £547,634 | £541,000 | 12 BALSALL STREET EAST |
| 7 Mar 2023 | £706,658 | £700,000 | THE FARMHOUSE FEN END FARM OLDWICH LANE EAST |
| 10 Nov 2022 | £913,930 | £925,000 | THE OLD BARN FEN END ROAD |
| 26 Aug 2022 | £800,595 | £802,750 | 44 BALSALL STREET EAST |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 17 Jun 2016. Using an estimated price of £522,735 means this house is valued at £4,392 per sq meter (£408 per sq foot).
There is one other house on the street which we know the size of, this is THE BUNGALOW TABLE OAK LANE it is 155.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Honiley Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakley |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oakley |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Frogmore Lane |
| Apr 2024 | Anti-social behaviour | On or near Holly Lane |