£231,184
This estimated value is based upon the latest sale price for the house of £155,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,000 | 5 Dec 2014 |
| £108,000 | 27 May 2011 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2014 the House Price Index for WEST MIDLANDS was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £155,000 results in an estimated price of approximately £231,184.
| 5 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £155,000 | £76,184 | £231,184 |
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 | 35.998 % | £55,797 | £210,797 |
| 3 Month Average | 15.720 % | £24,365 | £179,365 |
| 6 Month Average | 7.721 % | £11,967 | £166,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £199,960 | £197,000 | 19 ROWAN CRESCENT |
| 17 Nov 2023 | £299,433 | £295,000 | 81 VICTORIA ROAD |
| 13 Nov 2023 | £218,231 | £215,000 | 27 OXBARN AVENUE |
| 27 Sep 2023 | £182,331 | £180,000 | 25 HAZEL ROAD |
| 7 Jul 2023 | £263,547 | £260,000 | 47 OXBARN AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Feb 2014. Using an estimated price of £231,184 means this house is valued at £3,302 per sq meter (£306 per sq foot).
The average size of a house on OXBARN AVENUE is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lutley Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lutley Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lutley Close |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Langley Gardens |