£228,205
This estimated value is based upon the latest sale price for the house of £133,000 on 12 Feb 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£133,000 | 12 Feb 2010 |
£131,000 | 28 Apr 2006 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 690 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 February 2010 the House Price Index for WEST MIDLANDS was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £133,000 results in an estimated price of approximately £228,205.
12 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.583 % | £133,000 | £95,205 | £228,205 |
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 | 70.609 % | £93,910 | £226,910 |
3 Month Average | 77.402 % | £102,944 | £235,944 |
6 Month Average | 79.528 % | £105,771 | £238,771 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £297,553 | £290,000 | 30 OLORENSHAW ROAD |
9 Aug 2023 | £333,006 | £327,000 | 40 ARDEN OAK ROAD |
12 Jun 2023 | £285,726 | £280,000 | 12 MARIAN CROFT |
28 Apr 2023 | £392,338 | £385,000 | 2372 COVENTRY ROAD |
31 Mar 2023 | £162,717 | £160,000 | 7 GILLMAN CLOSE |
This house has a floor area of 64 sq meters or 690 sq feet when measured on 9 Jul 2009. Using an estimated price of £228,206 means this house is valued at £3,559 per sq meter (£330 per sq foot).
The average size of a house on OLORENSHAW ROAD is 95 sq meters (1,033 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (690 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gillman Close |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gillman Close |
May 2024 | Shoplifting | Unable to prosecute suspect | On or near Gillman Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gillman Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gillman Close |