£105,946
This estimated value is based upon the latest sale price for the house of £63,020 on 7 Sep 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £63,020 | 7 Sep 2012 |
| £65,000 | 5 May 2005 |
| £57,000 | 1 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 723 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 September 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.116%.Applying this 68.116% change to the original purchase price of £63,020 results in an estimated price of approximately £105,946.
| 7 Sep 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.116 % | £63,020 | £42,926 | £105,946 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 63.520 % | £40,030 | £103,050 |
| 3 Month Average | 50.176 % | £31,620 | £94,640 |
| 6 Month Average | 72.729 % | £45,833 | £108,853 |
This house has a floor area of 67 sq meters or 723 sq feet when measured on 23 Apr 2010.
The average size of a house on OAK LANE is 94 sq meters (1,016 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (723 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Acorn Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Acorn Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oxford Road |
| Mar 2024 | Other theft | Under investigation | On or near Oxford Road |
| Mar 2024 | Other theft | Under investigation | On or near Oxford Road |