£504,318
This estimated value is based upon the latest sale price for the house of £435,000 on 17 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£435,000 | 17 Nov 2020 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £435,000 results in an estimated price of approximately £504,318.
17 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £435,000 | £69,318 | £504,318 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | -1.868 % | £-8,127 | £426,872 |
3 Month Average | -5.913 % | £-25,722 | £409,277 |
6 Month Average | 3.253 % | £14,150 | £449,150 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £387,785 | £381,000 | 14 OXLEY DRIVE |
9 Nov 2023 | £544,055 | £536,000 | 42 COTSWOLD DRIVE |
24 Jul 2023 | £491,617 | £485,000 | 69 COTSWOLD DRIVE |
13 Jun 2022 | £588,314 | £580,000 | 134 ST MARTINS ROAD |
18 Mar 2022 | £450,774 | £435,000 | 12 GRANGE AVENUE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 30 Nov 2012. Using an estimated price of £504,319 means this house is valued at £3,939 per sq meter (£366 per sq foot).
The average size of a house on OXLEY DRIVE is 189 sq meters (2,035 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oxley Drive |
Mar 2024 | Burglary | Under investigation | On or near Grange Avenue |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Droylsdon Park Road |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Droylsdon Park Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King'S Hill Lane |