£207,268
This estimated value is based upon the latest sale price for the house of £121,500 on 12 Jul 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£121,500 | 12 Jul 2011 |
£118,500 | 18 Aug 2005 |
£79,950 | 23 May 2003 |
£38,000 | 19 May 1995 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.591%.Applying this 70.591% change to the original purchase price of £121,500 results in an estimated price of approximately £207,268.
12 Jul 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 146.7 | 70.591 % | £121,500 | £85,768 | £207,268 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 48.675 % | £59,139 | £180,639 |
3 Month Average | 71.939 % | £87,406 | £208,906 |
6 Month Average | 82.567 % | £100,318 | £221,818 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Mar 2011.
The average size of a house on ORIEL DRIVE is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oriel Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oriel Drive |
Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Vine Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Vine Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vine Close |