£49,082
This estimated value is based upon the latest sale price for the house of £28,000 on 24 Apr 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£28,000 | 24 Apr 2006 |
£30,995 | 12 May 2004 |
Flats/Maisonettes |
Leasehold |
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 2006 the House Price Index for WEST MIDLANDS was 84.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.293%.Applying this 75.293% change to the original purchase price of £28,000 results in an estimated price of approximately £49,082.
24 Apr 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 148.6 | 75.293 % | £28,000 | £21,082 | £49,082 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 81.314 % | £22,767 | £50,767 |
3 Month Average | 45.465 % | £12,730 | £40,730 |
6 Month Average | 74.273 % | £20,796 | £48,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £48,855 | £48,000 | FLAT 16 ST CECILIA'S OKEMENT DRIVE |
30 Nov 2023 | £42,631 | £42,000 | FLAT 115 ST CECILIA'S OKEMENT DRIVE |
24 Nov 2023 | £63,942 | £62,995 | FLAT 95 ST. CECILIA'S OKEMENT DRIVE |
21 Aug 2023 | £63,556 | £63,000 | FLAT 68 ST CECILIA'S OKEMENT DRIVE |
28 Apr 2023 | £65,707 | £65,000 | FLAT 69 ST CECILIA'S OKEMENT DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Okement Drive |
Mar 2024 | Theft from the person | Unable to prosecute suspect | On or near Okement Drive |
Mar 2024 | Other theft | Under investigation | On or near Okement Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Okement Drive |
Dec 2023 | Anti-social behaviour | On or near Okement Drive |