£456,378
This estimated value is based upon the latest sale price for the house of £80,000 on 30 Nov 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£80,000 | 30 Nov 1995 |
Semi-Detached |
Freehold |
Floor Area: 168 sq meters or 1,808 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 November 1995 the House Price Index for WEST MIDLANDS was 26.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 470.474%.Applying this 470.474% change to the original purchase price of £80,000 results in an estimated price of approximately £456,378.
30 Nov 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.0 | 148.6 | 470.474 % | £80,000 | £376,378 | £456,378 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 371.559 % | £297,247 | £377,247 |
3 Month Average | 287.909 % | £230,327 | £310,327 |
6 Month Average | 350.544 % | £280,435 | £360,435 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £248,854 | £244,500 | 80 PIERCE AVENUE |
23 Aug 2023 | £469,104 | £465,000 | 16 FERNHILL ROAD |
31 Mar 2023 | £259,444 | £257,000 | 139 SCOTT ROAD |
1 Mar 2023 | £257,425 | £255,000 | 74 RICHMOND ROAD |
21 Nov 2022 | £446,590 | £452,000 | 11 BARTLEY CLOSE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 20 Jun 2018. Using an estimated price of £456,379 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on RICHMOND ROAD is 111 sq meters (1,199 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Richmond Road |
Jan 2024 | Public order | Under investigation | On or near Richmond Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernhill Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chapel Fields Road |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Chapel Fields Road |