£185,310
This estimated value is based upon the latest sale price for the house of £150,000 on 16 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £150,000 | 16 Oct 2019 |
| £54,000 | 30 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £150,000 results in an estimated price of approximately £185,310.
| 16 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £150,000 | £35,310 | £185,310 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 124.389 % | £186,583 | £336,583 |
| 3 Month Average | 15.695 % | £23,542 | £173,542 |
| 6 Month Average | 22.402 % | £33,603 | £183,603 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £113,748 | £112,000 | 12A LEA ROAD |
| 30 Oct 2023 | £204,648 | £200,000 | 23 LEA ROAD |
| 28 Feb 2022 | £76,065 | £72,000 | 5 THE OAKLANDS |
| 25 Feb 2022 | £192,803 | £182,500 | 10 LEA ROAD |
| 5 Jan 2022 | £113,441 | £107,000 | 2 LEA ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 15 Mar 2017. Using an estimated price of £185,310 means this house is valued at £1,414 per sq meter (£131 per sq foot).
The average size of a house on OAKLANDS ROAD is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklands Road |
| May 2024 | Other crime | Offender given a caution | On or near Oaklands Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklands Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklands Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklands Road |