£324,441
This estimated value is based upon the latest sale price for the house of £113,500 on 21 Jun 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £113,500 | 21 Jun 2002 |
| £94,950 | 28 Apr 2000 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2002 the House Price Index for WEST MIDLANDS was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £113,500 results in an estimated price of approximately £324,441.
| 21 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £113,500 | £210,941 | £324,441 |
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 | 291.368 % | £330,702 | £444,202 |
| 3 Month Average | 214.458 % | £243,410 | £356,910 |
| 6 Month Average | 221.414 % | £251,304 | £364,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £171,032 | £168,500 | 46 RAVENSBOURNE GROVE |
| 18 Aug 2023 | £411,096 | £407,500 | 15 RIVERBANK ROAD |
| 13 Jun 2023 | £164,493 | £162,500 | 29 RAVENSBOURNE GROVE |
| 9 Jun 2023 | £159,937 | £158,000 | 38 RAVENSBOURNE GROVE |
| 6 Feb 2023 | £229,845 | £230,000 | 3 WARWICK AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 11 Jun 2014. Using an estimated price of £324,442 means this house is valued at £3,212 per sq meter (£298 per sq foot).
The average size of a house on TEME GROVE is 118 sq meters (1,274 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravensbourne Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ravensbourne Grove |
| Feb 2024 | Anti-social behaviour | On or near Ravensbourne Grove | |
| Feb 2024 | Anti-social behaviour | On or near Ravensbourne Grove | |
| Feb 2024 | Anti-social behaviour | On or near Ravensbourne Grove |