£176,632
This estimated value is based upon the latest sale price for the house of £145,000 on 27 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£145,000 | 27 Jul 2020 |
£92,000 | 7 Mar 2014 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £145,000 results in an estimated price of approximately £176,632.
27 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £145,000 | £31,632 | £176,632 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 21.063 % | £30,540 | £175,540 |
3 Month Average | 3.957 % | £5,737 | £150,737 |
6 Month Average | 17.178 % | £24,907 | £169,907 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £175,389 | £170,000 | 7 OSLO GARDENS |
4 Dec 2023 | £188,801 | £183,000 | 20A BOSWELL DRIVE |
11 Sep 2023 | £175,877 | £172,000 | 15 BOSWELL DRIVE |
11 Aug 2023 | £213,857 | £210,000 | 17 NORDIC DRIFT |
17 Jan 2023 | £145,388 | £145,000 | 17 FAIRBANKS CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 17 Dec 2019. Using an estimated price of £176,632 means this house is valued at £2,487 per sq meter (£231 per sq foot).
The average size of a house on OLAF PLACE is 84 sq meters (907 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Olaf Place |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairbanks Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairbanks Close |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fairbanks Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oslo Gardens |