£356,016
This estimated value is based upon the latest sale price for the house of £235,100 on 13 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £235,100 | 13 Aug 2014 |
| £150,000 | 22 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 August 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £235,100 results in an estimated price of approximately £356,016.
| 13 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £235,100 | £120,916 | £356,016 |
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 | 40.488 % | £95,186 | £330,286 |
| 3 Month Average | 42.647 % | £100,263 | £335,363 |
| 6 Month Average | 46.180 % | £108,568 | £343,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £404,905 | £400,000 | 3 OSBORNE ROAD |
| 10 Feb 2023 | £419,718 | £420,000 | 11 OSBORNE ROAD |
| 7 Jul 2022 | £372,503 | £371,500 | 57 OSBORNE ROAD |
| 5 Jan 2022 | £273,626 | £260,000 | 54 OSBORNE ROAD |
| 30 Nov 2021 | £313,639 | £290,000 | 64A PENNHOUSE AVENUE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 11 Apr 2012. Using an estimated price of £356,016 means this house is valued at £3,150 per sq meter (£292 per sq foot).
The average size of a house on OSBORNE ROAD is 133 sq meters (1,439 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Osborne Road |
| Jan 2024 | Burglary | Under investigation | On or near Pennhouse Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grosvenor Park |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grosvenor Park |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Grosvenor Park |