£421,289
This estimated value is based upon the latest sale price for the house of £247,500 on 31 Jul 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£247,500 | 31 Jul 2012 |
Detached |
Leasehold |
Floor Area: 89 sq meters or 967 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 July 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £247,500 results in an estimated price of approximately £421,289.
31 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.218 % | £247,500 | £173,789 | £421,289 |
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 | 68.239 % | £168,892 | £416,392 |
3 Month Average | 31.729 % | £78,528 | £326,028 |
6 Month Average | 55.249 % | £136,741 | £384,241 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £343,510 | £337,500 | 11 LYNDON ROAD |
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 89 sq meters or 967 sq feet when measured on 1 Jun 2011. Using an estimated price of £421,289 means this house is valued at £4,687 per sq meter (£435 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 |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chapel Fields Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Fields Road |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Chapel Fields Road |