£202,082
This estimated value is based upon the latest sale price for the house of £171,000 on 8 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £171,000 | 8 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £171,000 results in an estimated price of approximately £202,082.
| 8 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £171,000 | £31,082 | £202,082 |
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 | 84.561 % | £144,599 | £315,599 |
| 3 Month Average | 10.556 % | £18,051 | £189,051 |
| 6 Month Average | 15.277 % | £26,122 | £197,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £161,402 | £160,000 | 20 LAUREL GROVE |
| 24 Nov 2023 | £202,131 | £197,000 | 19 ROWAN CRESCENT |
| 17 Nov 2023 | £302,683 | £295,000 | 81 VICTORIA ROAD |
| 10 Mar 2023 | £256,280 | £252,000 | 2 LAUREL GROVE |
| 5 Aug 2022 | £254,189 | £253,000 | 101 OXBARN AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 1 May 2019. Using an estimated price of £202,082 means this house is valued at £2,149 per sq meter (£199 per sq foot).
The average size of a house on OXBARN AVENUE is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Laurel Grove |
| Jul 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Laurel Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Laurel Grove |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Laurel Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Laurel Grove |