£367,230
This estimated value is based upon the latest sale price for the house of £278,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £278,000 | 9 Dec 2016 |
| £250,000 | 11 Jun 2004 |
| £195,000 | 31 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 123 sq meters or 1,323 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 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £278,000 results in an estimated price of approximately £367,230.
| 9 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £278,000 | £89,230 | £367,230 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | -28.195 % | £-78,381 | £199,618 |
| 3 Month Average | -2.600 % | £-7,227 | £270,772 |
| 6 Month Average | -2.134 % | £-5,931 | £272,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2022 | £249,168 | £250,000 | FLAT 152 HAGLEY ROAD RETIREMENT VILLAGE, 330 HAGLEY ROAD |
| 16 Feb 2022 | £123,606 | £117,000 | FLAT 252 HAGLEY ROAD RETIREMENT VILLAGE, 330 HAGLEY ROAD |
| 31 Jan 2022 | £344,564 | £325,000 | APARTMENT 14 CAVENDISH COURT OAKHILL CLOSE |
| 30 Nov 2021 | £2,685,666 | £2,465,000 | 6 MEADOW ROAD |
| 27 Aug 2021 | £339,972 | £302,500 | FLAT 264 HAGLEY ROAD RETIREMENT VILLAGE, 330 HAGLEY ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 27 Jan 2016. Using an estimated price of £367,231 means this house is valued at £2,985 per sq meter (£277 per sq foot).
The average size of a house on OAKHILL CLOSE is 105 sq meters (1,135 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Further/Higher Educational Building |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Further/Higher Educational Building |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Oct 2024 | Robbery | Under investigation | On or near Meadow Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadow Close |