£196,468
This estimated value is based upon the latest sale price for the house of £115,000 on 7 Jun 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£115,000 | 7 Jun 2010 |
Terraced |
Freehold |
Floor Area: 128 sq meters or 1,386 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 June 2010 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £115,000 results in an estimated price of approximately £196,468.
7 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.842 % | £115,000 | £81,468 | £196,468 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 114.243 % | £131,379 | £246,379 |
3 Month Average | 88.518 % | £101,795 | £216,795 |
6 Month Average | 64.432 % | £74,096 | £189,096 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £189,299 | £185,000 | 25 MIDVALE DRIVE |
8 Sep 2023 | £194,283 | £190,000 | 34 EASMORE CLOSE |
8 Sep 2023 | £184,057 | £180,000 | 15 EASMORE CLOSE |
8 Sep 2023 | £230,072 | £225,000 | 22 BRYNSIDE CLOSE |
28 Apr 2023 | £142,668 | £140,000 | APARTMENT 9 THE BARNS, 43 ST FRANCIS DRIVE |
This house has a floor area of 128 sq meters or 1,386 sq feet when measured on 22 Jun 2009. Using an estimated price of £196,469 means this house is valued at £1,524 per sq meter (£141 per sq foot).
The average size of a house on REDBURN DRIVE is 109 sq meters (1,183 sq feet).
This house is the largest in the street with a floor area of 128 sq meters (1,386 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Redburn Drive |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redburn Drive |
Jun 2024 | Drugs | Under investigation | On or near Redburn Drive |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Ashwater Drive |
Jul 2024 | Burglary | Under investigation | On or near Brynside Close |