£160,822
This estimated value is based upon the latest sale price for the house of £57,000 on 26 Jul 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Ruby Drive
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| Price Paid | Date |
|---|---|
| £57,000 | 26 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2002 the House Price Index for WEST MIDLANDS was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £57,000 results in an estimated price of approximately £160,822.
| 26 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £57,000 | £103,822 | £160,822 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 320.229 % | £182,530 | £239,530 |
| 3 Month Average | 171.117 % | £97,536 | £154,536 |
| 6 Month Average | 149.303 % | £85,102 | £142,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £227,004 | £222,000 | 56 ASCOT CLOSE |
| 6 Apr 2023 | £3,144,123 | £3,085,315 | 50 NEWBURY LANE |
| 6 Jun 2022 | £66,931 | £65,500 | 85 ASCOT CLOSE |
| 8 Apr 2022 | £181,549 | £175,000 | 78 NEWBURY LANE |
| 7 Jan 2022 | £138,886 | £131,000 | 113 NEWBURY LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 5 May 2014. Using an estimated price of £160,823 means this house is valued at £2,436 per sq meter (£226 per sq foot).
The average size of a house on NEWBURY LANE is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ruby Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ruby Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruby Drive |
| Jun 2024 | Burglary | Unable to prosecute suspect | On or near Ruby Drive |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Ruby Drive |