£286,132
This estimated value is based upon the latest sale price for the house of £250,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 6 Nov 2020 |
| £169,950 | 6 Jul 2007 |
| £175,000 | 25 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £250,000 results in an estimated price of approximately £286,132.
| 6 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 146.7 | 14.453 % | £250,000 | £36,132 | £286,132 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | -9.867 % | £-24,666 | £225,333 |
| 3 Month Average | -3.701 % | £-9,253 | £240,746 |
| 6 Month Average | 6.488 % | £16,220 | £266,220 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 24 Jun 2019.
The average size of a house on OAKWOOD DRIVE is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Oakwood Drive |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Oakwood Drive |
| Dec 2023 | Other crime | Further investigation is not in the public interest | On or near Wendron Grove |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Wendron Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westhouse Grove |