£238,486
This estimated value is based upon the latest sale price for the house of £160,500 on 26 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,500 | 26 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 September 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £160,500 results in an estimated price of approximately £238,486.
| 26 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 146.7 | 48.589 % | £160,500 | £77,986 | £238,486 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | -2.530 % | £-4,060 | £156,439 |
| 3 Month Average | 38.078 % | £61,115 | £221,615 |
| 6 Month Average | 46.784 % | £75,088 | £235,588 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 26 Feb 2014.
The average size of a house on OLDFIELD ROAD is 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Billing Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Billing Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oldfield Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oldfield Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Oldfield Road |