£341,197
This estimated value is based upon the latest sale price for the house of £210,000 on 1 Nov 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Halesowen Road
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| Price Paid | Date |
|---|---|
| £210,000 | 1 Nov 2013 |
| £118,000 | 10 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 November 2013 the House Price Index for WEST MIDLANDS was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £210,000 results in an estimated price of approximately £341,197.
| 1 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £210,000 | £131,197 | £341,197 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 46.322 % | £97,276 | £307,276 |
| 3 Month Average | 48.237 % | £101,298 | £311,298 |
| 6 Month Average | 60.144 % | £126,303 | £336,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £139,186 | £137,500 | FLAT 2 LARKSPUR COURT NARROW LANE |
| 15 Jul 2022 | £145,391 | £145,000 | FLAT 10 LARKSPUR COURT NARROW LANE |
| 20 May 2022 | £315,953 | £310,000 | 52 GOWER ROAD |
| 14 Feb 2022 | £440,452 | £420,000 | 49 GOWER ROAD |
| 16 Dec 2021 | £291,415 | £272,000 | 94 SHENSTONE VALLEY ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Apr 2013. Using an estimated price of £341,198 means this house is valued at £3,629 per sq meter (£337 per sq foot).
The average size of a house on OAK TREE CRESCENT is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Halesowen Road |
| Mar 2024 | Burglary | Under investigation | On or near Halesowen Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gower Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gower Road |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Alder Grove |