£126,258
This estimated value is based upon the latest sale price for the house of £74,000 on 5 Apr 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £74,000 | 5 Apr 2012 |
| £85,000 | 10 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 April 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £74,000 results in an estimated price of approximately £126,258.
| 5 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £74,000 | £52,258 | £126,258 |
The Postcode Pricing Model uses changes in average sales price within the B10 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 | 17.253 % | £12,767 | £86,767 |
| 3 Month Average | 30.104 % | £22,277 | £96,277 |
| 6 Month Average | 55.279 % | £40,906 | £114,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £136,748 | £135,000 | 38 OLDKNOW ROAD |
| 13 Jun 2022 | £72,525 | £71,500 | 61 OLDKNOW ROAD |
| 18 Mar 2022 | £140,932 | £136,000 | 12 OLDKNOW ROAD |
| 16 Feb 2022 | £182,473 | £174,000 | 291 MALMESBURY ROAD |
| 19 Jan 2022 | £153,652 | £146,000 | 166 MALMESBURY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Sep 2015. Using an estimated price of £126,259 means this house is valued at £1,729 per sq meter (£160 per sq foot).
The average size of a house on OLDKNOW ROAD is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malmesbury Road |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Malmesbury Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malmesbury Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malmesbury Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malmesbury Road |