£272,141
This estimated value is based upon the latest sale price for the house of £192,000 on 15 Oct 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £192,000 | 15 Oct 2015 |
| £105,000 | 5 Oct 2001 |
| £66,950 | 29 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 October 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £192,000 results in an estimated price of approximately £272,141.
| 15 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £192,000 | £80,141 | £272,141 |
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 | 21.459 % | £41,201 | £233,201 |
| 3 Month Average | 30.588 % | £58,728 | £250,728 |
| 6 Month Average | 25.736 % | £49,413 | £241,413 |
| 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 70 sq meters or 753 sq feet when measured on 22 May 2015. Using an estimated price of £272,141 means this house is valued at £3,887 per sq meter (£361 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 |