£128,669
This estimated value is based upon the latest sale price for the house of £95,000 on 27 Apr 2016. 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 Redcotts Close
More crime details
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| Price Paid | Date |
|---|---|
| £95,000 | 27 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 April 2016 the House Price Index for WEST MIDLANDS was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £95,000 results in an estimated price of approximately £128,669.
| 27 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £95,000 | £33,669 | £128,669 |
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 | 61.783 % | £58,693 | £153,693 |
| 3 Month Average | 38.251 % | £36,338 | £131,338 |
| 6 Month Average | 47.287 % | £44,922 | £139,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £237,149 | £233,000 | 707 CANNOCK ROAD |
| 8 Sep 2023 | £253,238 | £250,000 | 66 CANNOCK ROAD |
| 29 Aug 2023 | £171,500 | £170,000 | 7 WORDSWORTH ROAD |
| 7 Jul 2023 | £233,138 | £230,000 | 76 CANNOCK ROAD |
| 31 Mar 2023 | £198,874 | £197,000 | 32 LEASON LANE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 20 Feb 2015. Using an estimated price of £128,669 means this house is valued at £1,118 per sq meter (£103 per sq foot).
The average size of a house on REDCOTTS CLOSE is 117 sq meters (1,264 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redcotts Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redcotts Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redcotts Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Redcotts Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redcotts Close |