£340,090
This estimated value is based upon the latest sale price for the house of £200,000 on 19 Feb 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 19 Feb 2013 |
| £182,500 | 8 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 99 sq meters or 1,074 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 February 2013 the House Price Index for WEST MIDLANDS was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £200,000 results in an estimated price of approximately £340,090.
| 19 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £200,000 | £140,090 | £340,090 |
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 | -2.406 % | £-4,811 | £195,188 |
| 3 Month Average | 11.484 % | £22,967 | £222,967 |
| 6 Month Average | 11.141 % | £22,281 | £222,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2022 | £2,588,954 | £2,480,000 | 72 WOODBOURNE 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 |
| 25 Jun 2021 | £16,756,568 | £15,502,903 | 21 - 23 WOODBOURNE ROAD |
| 24 May 2021 | £344,367 | £302,500 | FLAT 64 HAGLEY ROAD RETIREMENT VILLAGE, 330 HAGLEY ROAD |
This house has a floor area of 99 sq meters or 1,074 sq feet when measured on 22 Apr 2009. Using an estimated price of £340,090 means this house is valued at £3,406 per sq meter (£316 per sq foot).
The average size of a house on OAKHILL CLOSE is 105 sq meters (1,135 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Road |
| Oct 2024 | Other theft | Under investigation | On or near Meadow Road |
| Oct 2024 | Anti-social behaviour | On or near Meadow Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Road |