£273,334
This estimated value is based upon the latest sale price for the house of £219,950 on 21 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £219,950 | 21 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £219,950 results in an estimated price of approximately £273,334.
| 21 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £219,950 | £53,384 | £273,334 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -1.807 % | £-3,974 | £215,975 |
| 3 Month Average | 26.313 % | £57,875 | £277,825 |
| 6 Month Average | 25.872 % | £56,904 | £276,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £286,311 | £280,000 | 20 EUROPA GARDENS |
| 23 Jun 2023 | £224,499 | £220,000 | 16 RANGER DRIVE |
| 31 Oct 2022 | £209,301 | £210,000 | 328 STAFFORD ROAD |
| 22 Jul 2022 | £222,227 | £220,000 | 35 MERCURY DRIVE |
| 30 Jun 2022 | £199,259 | £195,000 | 17 EUROPA GARDENS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 30 Oct 2018. Using an estimated price of £273,334 means this house is valued at £3,037 per sq meter (£282 per sq foot).
The average size of a house on RANGER DRIVE is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Rainbow Avenue | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Rainbow Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rainbow Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rainbow Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Europa Gardens |