£93,904
This estimated value is based upon the latest sale price for the house of £75,000 on 19 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £75,000 | 19 Dec 2017 |
| £75,000 | 19 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 December 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.206%.Applying this 25.206% change to the original purchase price of £75,000 results in an estimated price of approximately £93,904.
| 19 Dec 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.0 | 25.206 % | £75,000 | £18,904 | £93,904 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | 32.876 % | £24,657 | £99,657 |
| 3 Month Average | -36.668 % | £-27,500 | £47,499 |
| 6 Month Average | 1.256 % | £941 | £75,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £143,063 | £142,000 | 98 OLDFIELD ROAD |
| 12 Jan 2023 | £223,041 | £225,000 | 82 OMBERSLEY ROAD |
| 25 Jul 2022 | £224,696 | £225,000 | 78 OMBERSLEY ROAD |
| 8 Apr 2022 | £133,333 | £130,000 | 153 OMBERSLEY ROAD |
| 26 Jan 2022 | £117,918 | £112,500 | 21 OAKFIELD AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 27 Feb 2018. Using an estimated price of £93,905 means this house is valued at £1,104 per sq meter (£102 per sq foot).
The average size of a house on OLDFIELD ROAD is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oldfield Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oldfield Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldfield Road |