£188,829
This estimated value is based upon the latest sale price for the house of £110,000 on 4 Aug 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 4 Aug 2006 |
| £65,000 | 13 Sep 2004 |
| £65,000 | 18 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 2006 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £110,000 results in an estimated price of approximately £188,829.
| 4 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £110,000 | £78,829 | £188,829 |
The Postcode Pricing Model uses changes in average sales price within the B10 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 | -23.586 % | £-25,944 | £84,055 |
| 3 Month Average | 9.274 % | £10,201 | £120,201 |
| 6 Month Average | 36.537 % | £40,190 | £150,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £181,589 | £180,000 | 163 MALMESBURY ROAD |
| 10 Mar 2023 | £161,522 | £160,000 | 166 OLDKNOW ROAD |
| 6 Nov 2020 | £159,991 | £138,000 | 169 OLDKNOW ROAD |
| 22 Oct 2020 | £158,366 | £135,000 | 159 OLDKNOW ROAD |
| 16 Jul 2020 | £140,268 | £116,000 | 131 MALMESBURY ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 17 Jun 2014. Using an estimated price of £188,830 means this house is valued at £2,659 per sq meter (£247 per sq foot).
The average size of a house on OLDKNOW ROAD is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Oldknow Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oldknow Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oldknow Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oldknow Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oldknow Road |