£197,339
This estimated value is based upon the latest sale price for the house of £160,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 26 Jul 2019 |
| £119,950 | 7 Dec 2010 |
| £100,000 | 27 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £160,000 results in an estimated price of approximately £197,339.
| 26 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £160,000 | £37,339 | £197,339 |
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 | -8.100 % | £-12,960 | £147,039 |
| 3 Month Average | -4.332 % | £-6,931 | £153,068 |
| 6 Month Average | 11.134 % | £17,814 | £177,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £167,480 | £165,000 | 21 RAVENSHILL ROAD |
| 26 Jul 2023 | £203,742 | £201,000 | 35 SANDMERE ROAD |
| 4 Apr 2023 | £189,035 | £187,000 | 31 RAVENSHILL ROAD |
| 22 Mar 2023 | £170,607 | £169,000 | 79 RAVENSHILL ROAD |
| 17 Feb 2022 | £167,791 | £160,000 | 37 RAVENSHILL ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 2 Apr 2019. Using an estimated price of £197,340 means this house is valued at £3,182 per sq meter (£295 per sq foot).
The average size of a house on RAVENSHILL ROAD is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near The Haven |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Haven |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Haven |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near The Garth |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near The Garth |