£151,412
This estimated value is based upon the latest sale price for the house of £36,000 on 10 Sep 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £36,000 | 10 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 878 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 1999 the House Price Index for WEST MIDLANDS was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £36,000 results in an estimated price of approximately £151,412.
| 10 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.6 | 320.589 % | £36,000 | £115,412 | £151,412 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 389.864 % | £140,351 | £176,351 |
| 3 Month Average | 300.482 % | £108,173 | £144,173 |
| 6 Month Average | 320.988 % | £115,555 | £151,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £101,503 | £100,000 | 121 SHERBORNE ROAD |
| 26 Sep 2023 | £162,072 | £160,000 | 124 RINGWOOD ROAD |
| 23 Jun 2023 | £180,183 | £178,000 | 69 RINGWOOD ROAD |
| 12 Jun 2023 | £197,391 | £195,000 | 82 RINGWOOD ROAD |
| 24 Feb 2023 | £159,892 | £160,000 | 85 SHERBORNE ROAD |
This house has a floor area of 81 sq meters or 878 sq feet when measured on 2 Apr 2009. Using an estimated price of £151,412 means this house is valued at £1,854 per sq meter (£172 per sq foot).
The average size of a house on RINGWOOD ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ringwood Road |
| Apr 2024 | Burglary | Under investigation | On or near Sherborne Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherborne Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherborne Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sherborne Road |