£171,410
This estimated value is based upon the latest sale price for the house of £109,000 on 21 Sep 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£109,000 | 21 Sep 2007 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 2007 the House Price Index for WEST MIDLANDS was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £109,000 results in an estimated price of approximately £171,410.
21 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 149.7 | 57.257 % | £109,000 | £62,410 | £171,410 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 0.249 % | £271 | £109,271 |
3 Month Average | 31.168 % | £33,972 | £142,972 |
6 Month Average | 52.064 % | £56,750 | £165,750 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £204,508 | £200,000 | 14 BAY TREE CLOSE |
28 Sep 2023 | £161,561 | £158,000 | 518 SHANNON ROAD |
25 Aug 2023 | £183,306 | £180,000 | 18 FORDE WAY GARDENS |
25 Aug 2023 | £117,112 | £115,000 | 7 HAWKESLEY END |
18 Aug 2023 | £215,894 | £212,000 | 382 REDDITCH ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 Jul 2019. Using an estimated price of £171,410 means this house is valued at £2,558 per sq meter (£237 per sq foot).
The average size of a house on RIDGEMOUNT DRIVE is 107 sq meters (1,151 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Arrowfield Green |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Arrowfield Green |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Arrowfield Green |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Arrowfield Green |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Bay Tree Close |