£112,649
This estimated value is based upon the latest sale price for the house of £65,000 on 15 Jun 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £65,000 | 15 Jun 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 June 2011 the House Price Index for WEST MIDLANDS was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £65,000 results in an estimated price of approximately £112,649.
| 15 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £65,000 | £47,649 | £112,649 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 84.654 % | £55,025 | £120,025 |
| 3 Month Average | 73.015 % | £47,460 | £112,460 |
| 6 Month Average | 87.940 % | £57,160 | £122,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £295,000 | £295,000 | 32 FAIRBOURNE AVENUE |
| 16 Jun 2023 | £194,354 | £192,000 | 287 OLDBURY ROAD |
| 30 Mar 2023 | £286,297 | £283,600 | 22 THRONE ROAD |
| 17 Feb 2023 | £135,909 | £136,000 | 101 DURHAM ROAD |
| 25 Jul 2022 | £270,729 | £270,000 | 15 FAIRBOURNE AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Jun 2021. Using an estimated price of £112,650 means this house is valued at £1,425 per sq meter (£132 per sq foot).
The average size of a house on OLDBURY ROAD is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Anti-social behaviour | On or near Supermarket |