£224,521
This estimated value is based upon the latest sale price for the house of £221,500 on 7 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £221,500 | 7 Jul 2023 |
| £150,000 | 8 Feb 2008 |
| £88,500 | 28 Sep 2001 |
| Semi-Detached |
| Freehold |
| 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 July 2023 the House Price Index for WEST MIDLANDS was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £221,500 results in an estimated price of approximately £224,521.
| 7 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £221,500 | £3,021 | £224,521 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -12.376 % | £-27,412 | £194,087 |
| 3 Month Average | -1.178 % | £-2,608 | £218,891 |
| 6 Month Average | 1.286 % | £2,848 | £224,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £224,522 | £221,500 | 3 OATLANDS CLOSE |
| 29 Mar 2023 | £328,091 | £325,000 | 4 WENTWORTH DRIVE |
| 22 Jul 2022 | £231,624 | £231,000 | 38 FALLOWFIELDS |
| 31 Mar 2022 | £318,133 | £307,000 | 29 FALLOWFIELDS |
| 22 Dec 2021 | £235,649 | £219,950 | 43 FALLOWFIELDS |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 Aug 2012. Using an estimated price of £224,522 means this house is valued at £3,034 per sq meter (£281 per sq foot).
The average size of a house on OATLANDS CLOSE is 119 sq meters (1,290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fallowfields |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fallowfields |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Fallowfields |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fallowfields |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fallowfields |