£279,071
This estimated value is based upon the latest sale price for the house of £230,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 13 Mar 2020 |
| £147,000 | 25 Sep 2013 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £230,000 results in an estimated price of approximately £279,071.
| 13 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £230,000 | £49,071 | £279,071 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 35.563 % | £81,794 | £311,794 |
| 3 Month Average | 21.881 % | £50,325 | £280,325 |
| 6 Month Average | 27.084 % | £62,293 | £292,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £220,000 | £220,000 | 49 LYNDHURST DRIVE |
| 1 Mar 2024 | £208,199 | £205,000 | 40 LYNDHURST DRIVE |
| 24 Nov 2023 | £227,782 | £222,000 | 1 OAK TREE GARDENS |
| 17 Nov 2023 | £291,397 | £284,000 | 11 BRAMBLESIDE |
| 27 Oct 2023 | £209,764 | £205,000 | 58 LYNDHURST DRIVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 3 Feb 2017. Using an estimated price of £279,071 means this house is valued at £2,560 per sq meter (£237 per sq foot).
The average size of a house on OAKFIELD CLOSE is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lyndhurst Drive |
| Sep 2024 | Robbery | Unable to prosecute suspect | On or near King William Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King William Street |
| Oct 2024 | Burglary | Under investigation | On or near Oak Park Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Park Road |