£354,657
This estimated value is based upon the latest sale price for the house of £285,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Overlea Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £285,000 | 15 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 February 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £285,000 results in an estimated price of approximately £354,657.
| 15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £285,000 | £69,657 | £354,657 |
The Postcode Pricing Model uses changes in average sales price within the B27 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 | -1.297 % | £-3,697 | £281,302 |
| 3 Month Average | 14.734 % | £41,991 | £326,991 |
| 6 Month Average | 20.996 % | £59,838 | £344,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £189,818 | £185,000 | 16 HAZELWOOD ROAD |
| 14 Nov 2023 | £82,084 | £80,000 | FLAT 7 4 ASPEN CLOSE |
| 29 Sep 2023 | £281,199 | £275,000 | 62 WESTLEY ROAD |
| 15 Sep 2023 | £135,487 | £132,500 | FLAT 8 6 SORRELL DRIVE |
| 18 Aug 2023 | £407,347 | £400,000 | 74 WESTLEY ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 18 Sep 2018. Using an estimated price of £354,657 means this house is valued at £2,792 per sq meter (£259 per sq foot).
The average size of a house on WESTLEY ROAD is 130 sq meters (1,408 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Overlea Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Overlea Avenue |
| Aug 2024 | Burglary | Under investigation | On or near Overlea Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Overlea Avenue |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Overlea Avenue |