£432,021
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Jan 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 14 Jan 2011 |
| £195,000 | 2 Dec 2003 |
| £78,500 | 30 May 1997 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,464 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 January 2011 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £250,000 results in an estimated price of approximately £432,021.
| 14 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £250,000 | £182,021 | £432,021 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 54.647 % | £136,618 | £386,618 |
| 3 Month Average | 97.220 % | £243,050 | £493,050 |
| 6 Month Average | 60.218 % | £150,544 | £400,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £470,690 | £460,000 | 56 OSBORNE ROAD |
| 6 Jun 2023 | £408,180 | £400,000 | 3 OSBORNE ROAD |
| 10 Feb 2023 | £422,824 | £420,000 | 11 OSBORNE ROAD |
| 7 Jul 2022 | £375,260 | £371,500 | 57 OSBORNE ROAD |
| 5 Jan 2022 | £275,652 | £260,000 | 54 OSBORNE ROAD |
This house has a floor area of 136 sq meters or 1,464 sq feet when measured on 13 Sep 2010. Using an estimated price of £432,021 means this house is valued at £3,174 per sq meter (£294 per sq foot).
The average size of a house on OSBORNE ROAD is 133 sq meters (1,439 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennhouse Avenue |
| Jul 2024 | Anti-social behaviour | On or near Grosvenor Park | |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Grosvenor Park |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Park |
| Jul 2024 | Public order | Under investigation | On or near Wells Road |