£183,381
This estimated value is based upon the latest sale price for the house of £132,500 on 21 Dec 2015. 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 Riley Road
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| Price Paid | Date |
|---|---|
| £132,500 | 21 Dec 2015 |
| £120,000 | 27 May 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,061 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 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £132,500 results in an estimated price of approximately £183,381.
| 21 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £132,500 | £50,881 | £183,381 |
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 | -9.439 % | £-12,506 | £119,993 |
| 3 Month Average | 8.718 % | £11,551 | £144,051 |
| 6 Month Average | 24.414 % | £32,348 | £164,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £225,888 | £223,000 | 87 RIVERSDALE ROAD |
| 10 Mar 2023 | £252,378 | £250,000 | 72 SANDMERE ROAD |
| 6 May 2022 | £224,225 | £220,000 | 30 RILEY ROAD |
| 26 Feb 2022 | £188,765 | £180,000 | 25 RILEY ROAD |
| 1 Nov 2021 | £233,607 | £216,000 | 83 RIVERSDALE ROAD |
This house has a floor area of 98 sq meters or 1,061 sq feet when measured on 1 Feb 2011. Using an estimated price of £183,382 means this house is valued at £1,859 per sq meter (£172 per sq foot).
The average size of a house on RILEY ROAD is 80 sq meters (861 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Riley Road |
| Mar 2024 | Anti-social behaviour | On or near Riley Road | |
| Mar 2024 | Anti-social behaviour | On or near Riley Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Riversdale Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Riversdale Road |