£357,831
This estimated value is based upon the latest sale price for the house of £205,000 on 26 May 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 26 May 2006 |
| £88,000 | 9 Feb 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2006 the House Price Index for WEST MIDLANDS was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £205,000 results in an estimated price of approximately £357,831.
| 26 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £205,000 | £152,831 | £357,831 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 70.551 % | £144,629 | £349,629 |
| 3 Month Average | 17.194 % | £35,247 | £240,247 |
| 6 Month Average | 25.733 % | £52,752 | £257,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £269,719 | £265,000 | 85 REDLANDS ROAD |
| 8 Dec 2023 | £223,918 | £220,000 | 81 REDLANDS ROAD |
| 12 Sep 2023 | £279,575 | £276,000 | 50 SHUSTOKE ROAD |
| 28 Jul 2023 | £166,744 | £164,500 | 83 SHUSTOKE ROAD |
| 21 Jul 2023 | £304,093 | £300,000 | 74 REDLANDS ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 19 Apr 2013. Using an estimated price of £357,832 means this house is valued at £3,508 per sq meter (£325 per sq foot).
The average size of a house on REDLANDS ROAD is 84 sq meters (912 sq feet).
This house is the largest in the street with a floor area of 102 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Redlands Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Redlands Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Redlands Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Glebe Road |
| Feb 2024 | Anti-social behaviour | On or near Warmley Close |