£249,798
This estimated value is based upon the latest sale price for the house of £169,000 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Forest Road
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| Price Paid | Date |
|---|---|
| £169,000 | 28 Nov 2014 |
| £190,000 | 10 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 978 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 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.810%.Applying this 47.810% change to the original purchase price of £169,000 results in an estimated price of approximately £249,798.
| 28 Nov 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 146.7 | 47.810 % | £169,000 | £80,798 | £249,798 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 74.162 % | £125,333 | £294,333 |
| 3 Month Average | 49.130 % | £83,030 | £252,030 |
| 6 Month Average | 62.147 % | £105,028 | £274,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £373,018 | £368,500 | 20A PERRY HILL ROAD |
| 14 Nov 2022 | £592,819 | £600,000 | 8 SUNNYBANK ROAD |
| 12 May 2022 | £224,225 | £220,000 | 8 PERRY HILL ROAD |
| 9 Dec 2021 | £380,339 | £355,000 | 72 PERRY HILL ROAD |
| 30 Jul 2020 | £518,748 | £429,000 | 39 ELM CROFT |
This house has a floor area of 90 sq meters or 978 sq feet when measured on 12 Oct 2008. Using an estimated price of £253,034 means this house is valued at £2,784 per sq meter (£258 per sq foot).
The average size of a house on OAK ROAD is 96 sq meters (1,042 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Forest Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm Croft |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |