£188,193
This estimated value is based upon the latest sale price for the house of £121,250 on 7 Dec 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £121,250 | 7 Dec 2007 |
| £111,000 | 9 Mar 2007 |
| £75,000 | 14 Aug 2002 |
| £36,000 | 22 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 December 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £121,250 results in an estimated price of approximately £188,193.
| 7 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.6 | 55.211 % | £121,250 | £66,943 | £188,193 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | -16.771 % | £-20,335 | £100,914 |
| 3 Month Average | 50.478 % | £61,204 | £182,454 |
| 6 Month Average | 40.272 % | £48,829 | £170,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £162,404 | £160,000 | 15 BROOKLANDS |
| 28 Oct 2022 | £215,678 | £218,000 | 27 BROOKLANDS |
| 26 Oct 2022 | £198,414 | £200,550 | 8 THE POPLARS |
| 26 Apr 2022 | £213,683 | £207,500 | 44 RIDGEWAY ROAD |
| 8 Apr 2022 | £298,642 | £290,000 | 38 ALWEN STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 14 Apr 2014. Using an estimated price of £188,194 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on RIDGEWAY ROAD is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lockfield Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Lockfield Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Brooklands |
| Feb 2024 | Public order | Local resolution | On or near Brooklands |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brooklands |