£83,368
This estimated value is based upon the latest sale price for the house of £23,000 on 13 Nov 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £23,000 | 13 Nov 2000 |
| £22,000 | 26 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
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 2000 the House Price Index for WEST MIDLANDS was 40.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 262.471%.Applying this 262.471% change to the original purchase price of £23,000 results in an estimated price of approximately £83,368.
| 13 Nov 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.0 | 262.471 % | £23,000 | £60,368 | £83,368 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 26.175 % | £6,020 | £29,020 |
| 3 Month Average | 186.648 % | £42,928 | £65,928 |
| 6 Month Average | 169.776 % | £39,048 | £62,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £112,380 | £112,000 | 12A LEA ROAD |
| 24 Jul 2023 | £201,910 | £200,000 | 18 LONSDALE ROAD |
| 28 Feb 2022 | £75,201 | £72,000 | 5 THE OAKLANDS |
| 25 Feb 2022 | £190,614 | £182,500 | 10 LEA ROAD |
| 5 Jan 2022 | £112,153 | £107,000 | 2 LEA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklands Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Oaklands Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklands Road |