£278,738
This estimated value is based upon the latest sale price for the house of £233,500 on 29 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £233,500 | 29 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £233,500 results in an estimated price of approximately £278,738.
| 29 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £233,500 | £45,238 | £278,738 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | -10.676 % | £-24,927 | £208,572 |
| 3 Month Average | 10.791 % | £25,196 | £258,696 |
| 6 Month Average | 23.436 % | £54,722 | £288,222 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 21 Mar 2014.
The average size of a house on OWENS WAY is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Waterfall Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterfall Lane |
| Mar 2024 | Vehicle crime | Under investigation | On or near Manson Drive |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Manson Drive |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Luanne Close |