£221,110
This estimated value is based upon the latest sale price for the house of £150,000 on 6 Mar 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£150,000 | 6 Mar 2015 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 March 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £150,000 results in an estimated price of approximately £221,110.
6 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £150,000 | £71,110 | £221,110 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 116.757 % | £175,136 | £325,136 |
3 Month Average | 69.498 % | £104,246 | £254,246 |
6 Month Average | 67.796 % | £101,693 | £251,693 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £171,032 | £168,500 | 46 RAVENSBOURNE GROVE |
13 Jun 2023 | £164,493 | £162,500 | 29 RAVENSBOURNE GROVE |
9 Jun 2023 | £159,937 | £158,000 | 38 RAVENSBOURNE GROVE |
31 Jan 2023 | £167,212 | £168,000 | 26 RAVENSBOURNE GROVE |
13 Sep 2022 | £213,278 | £215,000 | 27 LITTLE ISLAND DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 13 Aug 2014. Using an estimated price of £221,110 means this house is valued at £2,948 per sq meter (£273 per sq foot).
The average size of a house on RAVENSBOURNE GROVE is 65 sq meters (709 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravensbourne Grove |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ravensbourne Grove |
Feb 2024 | Anti-social behaviour | On or near Ravensbourne Grove | |
Feb 2024 | Anti-social behaviour | On or near Ravensbourne Grove | |
Feb 2024 | Anti-social behaviour | On or near Ravensbourne Grove |