£562,535
This estimated value is based upon the latest sale price for the house of £179,950 on 13 Dec 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £179,950 | 13 Dec 2001 |
| £115,000 | 14 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2001 the House Price Index for WEST MIDLANDS was 46.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 212.606%.Applying this 212.606% change to the original purchase price of £179,950 results in an estimated price of approximately £562,535.
| 13 Dec 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 146.7 | 212.606 % | £179,950 | £382,585 | £562,535 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 320.450 % | £576,649 | £756,599 |
| 3 Month Average | 191.948 % | £345,409 | £525,359 |
| 6 Month Average | 188.300 % | £338,846 | £518,796 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Oct 2017.
The average size of a house on FAIR OAK DRIVE is 139 sq meters (1,501 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brompton Lawns |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brompton Lawns |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brompton Lawns |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tor Lodge Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near Tor Lodge Drive |