£381,728
This estimated value is based upon the latest sale price for the house of £115,000 on 27 Jul 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Olorenshaw Road
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| Price Paid | Date |
|---|---|
| £115,000 | 27 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 July 2001 the House Price Index for WEST MIDLANDS was 44.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 231.938%.Applying this 231.938% change to the original purchase price of £115,000 results in an estimated price of approximately £381,728.
| 27 Jul 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 146.7 | 231.938 % | £115,000 | £266,728 | £381,728 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 246.387 % | £283,345 | £398,345 |
| 3 Month Average | 195.436 % | £224,750 | £339,750 |
| 6 Month Average | 193.608 % | £222,649 | £337,649 |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 15 Oct 2013.
The average size of a house on ARDEN OAK ROAD is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Olorenshaw Road |
| Feb 2024 | Other theft | Under investigation | On or near Olorenshaw Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Olorenshaw Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Olorenshaw Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Olorenshaw Road |