£190,162
This estimated value is based upon the latest sale price for the house of £180,000 on 26 Feb 2022. 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 |
|---|---|
| £180,000 | 26 Feb 2022 |
| £101,000 | 28 Mar 2014 |
| £40,000 | 19 Jan 1996 |
| Terraced |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £180,000 results in an estimated price of approximately £190,162.
| 26 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £180,000 | £10,162 | £190,162 |
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 | 19.607 % | £35,293 | £215,293 |
| 3 Month Average | 5.225 % | £9,405 | £189,405 |
| 6 Month Average | -6.478 % | £-11,660 | £168,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £243,745 | £240,000 | 56 RILEY ROAD |
| 27 Oct 2023 | £247,112 | £241,500 | 82 RIVERSDALE ROAD |
| 25 Sep 2023 | £228,027 | £223,000 | 87 RIVERSDALE ROAD |
| 16 Aug 2023 | £229,133 | £225,000 | 125 PRIORY ROAD |
| 22 Jun 2023 | £211,233 | £207,000 | 50 RILEY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Jan 2016. Using an estimated price of £190,162 means this house is valued at £2,604 per sq meter (£242 per sq foot).
The average size of a house on RILEY ROAD is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Under investigation | On or near Riley Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Riley Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Daimler Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priory Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hebden Grove |