£246,874
This estimated value is based upon the latest sale price for the house of £161,745 on 30 May 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 Four Oaks
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| Price Paid | Date |
|---|---|
| £161,745 | 30 May 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 52.632%.Applying this 52.632% change to the original purchase price of £161,745 results in an estimated price of approximately £246,874.
| 30 May 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 146.7 | 52.632 % | £161,745 | £85,129 | £246,874 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 29.678 % | £48,001 | £209,746 |
| 3 Month Average | 33.317 % | £53,889 | £215,634 |
| 6 Month Average | 42.387 % | £68,558 | £230,303 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 12 Sep 2013.
The average size of a house on LICHFIELD ROAD is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Four Oaks |
| Dec 2023 | Robbery | Unable to prosecute suspect | On or near Four Oaks |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Four Oaks |