£409,733
This estimated value is based upon the latest sale price for the house of £235,000 on 22 Mar 2006. 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 Oakham Drive
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| Price Paid | Date |
|---|---|
| £235,000 | 22 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 March 2006 the House Price Index for WEST MIDLANDS was 84.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 74.355%.Applying this 74.355% change to the original purchase price of £235,000 results in an estimated price of approximately £409,733.
| 22 Mar 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 146.7 | 74.355 % | £235,000 | £174,733 | £409,733 |
The Postcode Pricing Model uses changes in average sales price within the DY2 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 | 43.754 % | £102,821 | £337,821 |
| 3 Month Average | 53.098 % | £124,780 | £359,780 |
| 6 Month Average | 62.409 % | £146,660 | £381,660 |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 13 Aug 2018.
The average size of a house on OAKHAM ROAD is 150 sq meters (1,618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Oakham Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oakham Drive |
| Feb 2024 | Public order | Under investigation | On or near Oakham Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Oakham Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Greenfels Rise |