£217,422
This estimated value is based upon the latest sale price for the house of £39,000 on 12 Jul 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £39,000 | 12 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 1996 the House Price Index for WEST MIDLANDS was 26.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.495%.Applying this 457.495% change to the original purchase price of £39,000 results in an estimated price of approximately £217,422.
| 12 Jul 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 148.6 | 457.495 % | £39,000 | £178,422 | £217,422 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 343.017 % | £133,776 | £172,776 |
| 3 Month Average | 419.386 % | £163,560 | £202,560 |
| 6 Month Average | 431.920 % | £168,448 | £207,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £233,456 | £230,000 | 21 RO OAK ROAD |
| 30 Aug 2023 | £236,065 | £234,000 | 29 MAX ROAD |
| 1 Jun 2022 | £265,756 | £262,000 | 20 OAKFIELD ROAD |
| 4 Dec 2021 | £246,417 | £230,000 | 22 MAX ROAD |
| 26 Nov 2021 | £272,541 | £252,000 | 6 MAX ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Nov 2013. Using an estimated price of £217,423 means this house is valued at £2,528 per sq meter (£234 per sq foot).
The average size of a house on RO OAK ROAD is 114 sq meters (1,228 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ro-Oak Road |
| Feb 2024 | Other crime | Under investigation | On or near Oakfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakfield Road |
| Mar 2024 | Burglary | Under investigation | On or near Max Road |