£228,014
This estimated value is based upon the latest sale price for the house of £170,000 on 19 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 19 Aug 2016 |
| £136,000 | 19 Dec 2006 |
| £35,000 | 29 Sep 1995 |
| Semi-Detached |
| 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £170,000 results in an estimated price of approximately £228,014.
| 19 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £170,000 | £58,014 | £228,014 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 43.719 % | £74,321 | £244,321 |
| 3 Month Average | 33.954 % | £57,722 | £227,722 |
| 6 Month Average | 45.059 % | £76,600 | £246,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £248,647 | £243,000 | 65 OLDHAM AVENUE |
| 6 Oct 2023 | £187,253 | £183,000 | 15 HYDE ROAD |
| 2 Oct 2023 | £230,229 | £225,000 | 2 HYDE ROAD |
| 11 Sep 2023 | £197,350 | £193,000 | 40 HYDE ROAD |
| 25 Oct 2022 | £179,401 | £180,000 | 58 OLDHAM AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 May 2020. Using an estimated price of £228,015 means this house is valued at £2,682 per sq meter (£249 per sq foot).
The average size of a house on OLDHAM AVENUE is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Hocking Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldham Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oldham Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edyth Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Edyth Road |