£216,003
This estimated value is based upon the latest sale price for the house of £110,000 on 20 Jul 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 20 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2004 the House Price Index for WEST MIDLANDS was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £110,000 results in an estimated price of approximately £216,003.
| 20 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £110,000 | £106,003 | £216,003 |
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 | 108.266 % | £119,092 | £229,092 |
| 3 Month Average | 86.317 % | £94,948 | £204,948 |
| 6 Month Average | 65.009 % | £71,509 | £181,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £100,000 | £100,000 | 176 OLDKNOW ROAD |
| 11 Aug 2023 | £183,306 | £180,000 | 163 MALMESBURY ROAD |
| 10 Mar 2023 | £162,717 | £160,000 | 166 OLDKNOW ROAD |
| 6 Nov 2020 | £161,175 | £138,000 | 169 OLDKNOW ROAD |
| 22 Oct 2020 | £159,539 | £135,000 | 159 OLDKNOW ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 22 Jul 2019. Using an estimated price of £216,004 means this house is valued at £3,223 per sq meter (£299 per sq foot).
The average size of a house on OLDKNOW ROAD is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Oldknow Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldknow Road |
| Oct 2024 | Anti-social behaviour | On or near Oldknow Road | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldknow Road |
| Sep 2024 | Anti-social behaviour | On or near Oldknow Road |