£159,778
This estimated value is based upon the latest sale price for the house of £34,500 on 29 Oct 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £34,500 | 29 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £34,500 results in an estimated price of approximately £159,778.
| 29 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.127 % | £34,500 | £125,278 | £159,778 |
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 | 36.157 % | £12,474 | £46,974 |
| 3 Month Average | 269.278 % | £92,901 | £127,401 |
| 6 Month Average | 254.597 % | £87,835 | £122,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £52,167 | £51,500 | 28 LENNOX GARDENS |
| 10 Feb 2023 | £52,465 | £52,500 | 30 LENNOX GARDENS |
| 7 Mar 2022 | £77,720 | £75,000 | 227 MERRIDALE STREET WEST |
| 13 Jan 2022 | £115,765 | £110,000 | 53 KIMBERLEY STREET |
| 15 Dec 2021 | £102,852 | £96,000 | 45 KIMBERLEY STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 27 Sep 2013. Using an estimated price of £159,779 means this house is valued at £1,879 per sq meter (£174 per sq foot).
The average size of a house on OWEN ROAD is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kimberley Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kimberley Street |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Kimberley Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Kimberley Street |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Kimberley Street |