£123,854
This estimated value is based upon the latest sale price for the house of £97,000 on 21 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £97,000 | 21 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £97,000 results in an estimated price of approximately £123,854.
| 21 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £97,000 | £26,854 | £123,854 |
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 | 135.108 % | £131,055 | £228,055 |
| 3 Month Average | 31.839 % | £30,884 | £127,884 |
| 6 Month Average | 13.745 % | £13,332 | £110,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £107,147 | £105,000 | FLAT 23 THE HUB STONE STREET |
| 13 Apr 2023 | £199,736 | £196,000 | 50A BIRMINGHAM STREET |
| 3 Mar 2023 | £166,785 | £164,000 | 27 RATCLIFF WALK |
| 1 Aug 2022 | £165,775 | £165,000 | 3 RATCLIFF WALK |
| 8 Jul 2022 | £93,436 | £92,500 | FLAT 5 JACKSON HOUSE OLDBURY GREEN |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 30 Jun 2017. Using an estimated price of £123,854 means this house is valued at £1,548 per sq meter (£143 per sq foot).
The average size of a house on RATCLIFF WALK is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Canal Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Canal Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Canal Street |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Canal Street |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Canal Street |