£215,109
This estimated value is based upon the latest sale price for the house of £108,000 on 4 Jun 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £108,000 | 4 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2004 the House Price Index for WEST MIDLANDS was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £108,000 results in an estimated price of approximately £215,109.
| 4 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £108,000 | £107,109 | £215,109 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | 80.503 % | £86,943 | £194,943 |
| 3 Month Average | 22.745 % | £24,564 | £132,564 |
| 6 Month Average | 56.769 % | £61,310 | £169,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £161,602 | £157,500 | 157 OLDFIELD ROAD |
| 20 Oct 2023 | £117,673 | £115,000 | 3 HEREFORD AVENUE |
| 5 Sep 2022 | £179,880 | £180,000 | 82 WOODFIELD ROAD |
| 4 Aug 2022 | £120,564 | £120,000 | 4 MELROSE AVENUE |
| 24 Jan 2022 | £74,214 | £70,000 | 5 SPRINGFIELD AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Sep 2018. Using an estimated price of £215,109 means this house is valued at £2,655 per sq meter (£246 per sq foot).
The average size of a house on OLDFIELD ROAD is 95 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Kingsley Road |
| Oct 2024 | Drugs | Local resolution | On or near Kingsley Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kingsley Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingsley Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Kingsley Road |