£317,686
This estimated value is based upon the latest sale price for the house of £175,000 on 5 Dec 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£175,000 | 5 Dec 2008 |
£180,000 | 14 May 2004 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,047 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 December 2008 the House Price Index for WEST MIDLANDS was 81.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.535%.Applying this 81.535% change to the original purchase price of £175,000 results in an estimated price of approximately £317,686.
5 Dec 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.9 | 148.6 | 81.535 % | £175,000 | £142,686 | £317,686 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 81.257 % | £142,199 | £317,199 |
3 Month Average | 61.810 % | £108,167 | £283,167 |
6 Month Average | 64.857 % | £113,500 | £288,500 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £240,100 | £238,000 | 8 CADNAM CLOSE |
27 Jul 2023 | £217,933 | £215,000 | 29 PRINCETHORPE ROAD |
3 Mar 2023 | £232,188 | £230,000 | 71 PRINCETHORPE ROAD |
5 Aug 2022 | £249,329 | £250,000 | 51 PRINCETHORPE ROAD |
18 May 2022 | £300,665 | £295,000 | 7 RATCLIFFE DRIVE |
This house has a floor area of 97 sq meters or 1,047 sq feet when measured on 1 Oct 2008. Using an estimated price of £317,687 means this house is valued at £3,263 per sq meter (£303 per sq foot).
The average size of a house on RATCLIFFE DRIVE is 143 sq meters (1,542 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ratcliffe Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Prince Thorpe Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rosedale Place |
Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Rosedale Place |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosedale Place |