£138,336
This estimated value is based upon the latest sale price for the house of £104,000 on 14 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £104,000 | 14 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.016%.Applying this 33.016% change to the original purchase price of £104,000 results in an estimated price of approximately £138,336.
| 14 Jun 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.0 | 33.016 % | £104,000 | £34,336 | £138,336 |
The Postcode Pricing Model uses changes in average sales price within the B10 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 | 47.266 % | £49,156 | £153,156 |
| 3 Month Average | 66.080 % | £68,723 | £172,723 |
| 6 Month Average | 42.031 % | £43,712 | £147,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £181,101 | £180,000 | 163 MALMESBURY ROAD |
| 10 Mar 2023 | £160,870 | £160,000 | 166 OLDKNOW ROAD |
| 6 Nov 2020 | £159,345 | £138,000 | 169 OLDKNOW ROAD |
| 22 Oct 2020 | £157,727 | £135,000 | 159 OLDKNOW ROAD |
| 16 Jul 2020 | £139,701 | £116,000 | 131 MALMESBURY ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 18 May 2020. Using an estimated price of £138,336 means this house is valued at £1,921 per sq meter (£178 per sq foot).
The average size of a house on OLDKNOW ROAD is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Action to be taken by another organisation | On or near Oldknow Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldknow Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Oldknow Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Oldknow Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldknow Road |