£138,350
This estimated value is based upon the latest sale price for the house of £88,500 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £88,500 | 28 Feb 2014 |
| £87,950 | 26 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,458 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 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.328%.Applying this 56.328% change to the original purchase price of £88,500 results in an estimated price of approximately £138,350.
| 28 Feb 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 146.7 | 56.328 % | £88,500 | £49,850 | £138,350 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 81.699 % | £72,303 | £160,803 |
| 3 Month Average | 44.546 % | £39,422 | £127,922 |
| 6 Month Average | 71.999 % | £63,719 | £152,219 |
This house has a floor area of 135 sq meters or 1,458 sq feet when measured on 9 Mar 2009.
The average size of a house on OKEMENT DRIVE is 96 sq meters (1,041 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,458 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Okement Drive |
| Mar 2024 | Other theft | Under investigation | On or near Okement Drive |
| Mar 2024 | Theft from the person | Unable to prosecute suspect | On or near Okement Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Okement Drive |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Okement Drive |