£187,626
This estimated value is based upon the latest sale price for the house of £149,950 on 28 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £149,950 | 28 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £149,950 results in an estimated price of approximately £187,626.
| 28 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 146.7 | 25.126 % | £149,950 | £37,676 | £187,626 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 0.663 % | £994 | £150,944 |
| 3 Month Average | 35.651 % | £53,458 | £203,408 |
| 6 Month Average | 43.907 % | £65,838 | £215,788 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 31 May 2017.
The average size of a house on OLDFIELD ROAD is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Oldfield Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Horace Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Horace Street |
| Mar 2024 | Other theft | Under investigation | On or near Branfield Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Branfield Close |