£175,844
This estimated value is based upon the latest sale price for the house of £68,000 on 6 Nov 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£68,000 | 6 Nov 2002 |
£41,500 | 30 Jul 1999 |
Semi-Detached |
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 November 2002 the House Price Index for WEST MIDLANDS was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £68,000 results in an estimated price of approximately £175,844.
6 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 149.7 | 158.595 % | £68,000 | £107,844 | £175,844 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 150.793 % | £102,539 | £170,539 |
3 Month Average | 167.911 % | £114,179 | £182,179 |
6 Month Average | 173.613 % | £118,056 | £186,056 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jul 2024 | £230,000 | £230,000 | 91 THE OVAL |
8 May 2024 | £222,000 | £222,000 | 75 THE OVAL |
17 Nov 2023 | £225,730 | £220,000 | 40 THE OVAL |
29 Sep 2023 | £163,607 | £160,000 | 25 THE OVAL |
30 Aug 2023 | £218,949 | £215,000 | 20 THE OVAL |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 28 Aug 2014. Using an estimated price of £175,845 means this house is valued at £2,512 per sq meter (£233 per sq foot).
The average size of a house on THE OVAL is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Harvest Road |
Sep 2024 | Other crime | Unable to prosecute suspect | On or near Harvest Road |
Aug 2024 | Drugs | Investigation complete; no suspect identified | On or near Harvest Road |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Harvest Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harvest Road |