£114,860
This estimated value is based upon the latest sale price for the house of £57,000 on 28 May 2004. 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 Rycroft Grove
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| Price Paid | Date |
|---|---|
| £57,000 | 28 May 2004 |
| Terraced |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 May 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £57,000 results in an estimated price of approximately £114,860.
| 28 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £57,000 | £57,860 | £114,860 |
The Postcode Pricing Model uses changes in average sales price within the B33 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 | 115.062 % | £65,585 | £122,585 |
| 3 Month Average | 92.174 % | £52,539 | £109,539 |
| 6 Month Average | 101.818 % | £58,036 | £115,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £179,879 | £180,000 | 48 OLD SCOTT CLOSE |
| 24 May 2022 | £102,940 | £101,000 | 86 GOSSEY LANE |
| 28 Mar 2022 | £113,989 | £110,000 | 10 SUNBEAM WAY |
| 17 Feb 2022 | £173,035 | £165,000 | 43 OLD SCOTT CLOSE |
| 10 Dec 2021 | £96,424 | £90,000 | 14 RYCROFT GROVE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 13 Feb 2019. Using an estimated price of £114,861 means this house is valued at £2,443 per sq meter (£227 per sq foot).
The average size of a house on RYCROFT GROVE is 60 sq meters (652 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rycroft Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rycroft Grove |
| Feb 2024 | Drugs | Local resolution | On or near Rycroft Grove |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Rycroft Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rycroft Grove |