£362,033
This estimated value is based upon the latest sale price for the house of £140,000 on 8 Nov 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 8 Nov 2002 |
| £81,950 | 3 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2002 the House Price Index for WEST MIDLANDS was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £140,000 results in an estimated price of approximately £362,033.
| 8 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £140,000 | £222,033 | £362,033 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | 78.283 % | £109,595 | £249,595 |
| 3 Month Average | 122.685 % | £171,759 | £311,759 |
| 6 Month Average | 117.197 % | £164,076 | £304,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £508,492 | £500,000 | 39 TILEHURST DRIVE |
| 26 Jan 2023 | £376,005 | £375,000 | 18 TILEHURST DRIVE |
| 22 Aug 2022 | £490,544 | £488,250 | 49 TILEHURST DRIVE |
| 25 May 2022 | £559,578 | £545,000 | 3 BEECHNUT CLOSE |
| 28 Jan 2022 | £263,989 | £249,000 | 7 OAK WAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 25 Apr 2016. Using an estimated price of £362,033 means this house is valued at £4,701 per sq meter (£436 per sq foot).
The average size of a house on OAK WAY is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holywell Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ensign Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Ensign Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Banner Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Banner Lane |