£216,958
This estimated value is based upon the latest sale price for the house of £118,000 on 16 Jun 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£118,000 | 16 Jun 2005 |
£34,000 | 12 Dec 1997 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 2005 the House Price Index for WEST MIDLANDS was 80.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 83.863%.Applying this 83.863% change to the original purchase price of £118,000 results in an estimated price of approximately £216,958.
16 Jun 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 148.0 | 83.863 % | £118,000 | £98,958 | £216,958 |
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 | 54.578 % | £64,402 | £182,402 |
3 Month Average | 70.390 % | £83,059 | £201,059 |
6 Month Average | 40.122 % | £47,343 | £165,343 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £181,101 | £180,000 | 163 MALMESBURY ROAD |
16 Jun 2023 | £141,144 | £140,000 | 260 OLDKNOW ROAD |
29 Apr 2022 | £172,308 | £168,000 | 225 OLDKNOW ROAD |
7 Dec 2021 | £151,521 | £142,000 | 235 OLDKNOW ROAD |
6 Nov 2020 | £159,345 | £138,000 | 169 OLDKNOW ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Jan 2014. Using an estimated price of £216,958 means this house is valued at £2,552 per sq meter (£237 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 | Criminal damage and arson | Under investigation | On or near Oldknow Road |
Apr 2024 | Other crime | Action to be taken by another organisation | 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 |