£423,063
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 30 Nov 2012 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,144 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 November 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £250,000 results in an estimated price of approximately £423,063.
| 30 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £250,000 | £173,063 | £423,063 |
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 | 83.483 % | £208,707 | £458,707 |
| 3 Month Average | 44.504 % | £111,261 | £361,261 |
| 6 Month Average | 41.803 % | £104,507 | £354,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £544,527 | £535,000 | 20 FOLEY DRIVE |
| 17 Nov 2023 | £314,658 | £310,000 | HOME COTTAGE, 42 WOOD ROAD |
| 5 Jun 2023 | £465,640 | £460,000 | 10 FOLEY AVENUE |
| 15 Mar 2023 | £95,904 | £95,000 | 43 BEECHWOOD COURT |
| 25 May 2022 | £88,671 | £87,000 | 10 BEECHWOOD COURT |
This house has a floor area of 106 sq meters or 1,144 sq feet when measured on 12 Sep 2011. Using an estimated price of £423,064 means this house is valued at £3,979 per sq meter (£369 per sq foot).
The average size of a house on FOLEY AVENUE is 134 sq meters (1,443 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oak Green |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Green |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oak Green |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Green |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Green |