£239,110
This estimated value is based upon the latest sale price for the house of £180,000 on 20 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Four Oaks
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Price Paid | Date |
---|---|
£180,000 | 20 Sep 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 September 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £180,000 results in an estimated price of approximately £239,110.
20 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £180,000 | £59,110 | £239,110 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | -12.510 % | £-22,517 | £157,482 |
3 Month Average | 10.655 % | £19,178 | £199,178 |
6 Month Average | 18.261 % | £32,869 | £212,869 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jul 2023 | £274,697 | £271,000 | FLAT 11 CEDARWOOD FOUR OAKS ROAD |
20 Jan 2023 | £194,086 | £195,000 | APARTMENT 6 LADYWOOD COURT, 188A LICHFIELD ROAD |
4 Nov 2022 | £199,582 | £202,000 | FLAT 2 CEDARWOOD FOUR OAKS ROAD |
16 Sep 2022 | £190,462 | £192,000 | APARTMENT 49 HARTOPP COURT, 188C LICHFIELD ROAD |
29 Jul 2022 | £195,526 | £195,000 | APARTMENT 5 LADYWOOD COURT, 188A LICHFIELD ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 11 Apr 2016. Using an estimated price of £239,110 means this house is valued at £3,231 per sq meter (£300 per sq foot).
The average size of a house on LICHFIELD ROAD is 102 sq meters (1,107 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Four Oaks |
Dec 2023 | Robbery | Unable to prosecute suspect | On or near Four Oaks |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Four Oaks |
Mar 2024 | Vehicle crime | On or near Four Oaks (Station) | |
Feb 2024 | Criminal damage and arson | On or near Four Oaks (Station) |